Rachel Reeves has said that “main taxes on working people” will not rise in the Budget. She gave the reassurance a week before she delivers her first Budget, and the first by a woman Chancellor. But her words left the door open to a raft of other tax rises, many of which could hit London hard.

Chancellor Rachel Reeves is poised to unveil billions of pounds worth of tax rises and spending cuts in this year's Autumn Budget.

Chancellor Rachel Reeves said she’s reached agreement with all of her UK cabinet colleagues on their spending allocations for next week’s budget, following tensions with some senior ministers over cuts planned for their departments.

Chancellor Rachel Reeves has made it clear that we should not be expecting any bank account-friendly handouts in the Budget at the end of the month. In fact, such is the strength of her rhetoric that “petrified” savers have been pulling money out of their pensions,

Chancellor Rachel Reeves says she has now reached spending settlements with all government departments ahead of her much-anticipated Budget on 30 October. It comes after reports of Treasury rows with multiple departments over the expected scale of spending cuts.

Rachel Reeves is set to raise taxes in October's Budget - but why do her self-made rules mean she has to do so

In the 2023/24 tax year, savers were fined around £15 million of their own money when withdrawing funds from their LISA – the largest annual amount since LISAs launched in 2017. We estimate that around £1.8 million of that was taken from savers who still bought a first home, just one over the limit.

British finance minister Rachel Reeves faces a tough task to raise the tax revenues she needs to invest more in public services and new infrastructure in her Oct. 30 budget. With the tax burden at its highest since just after World War Two,

Experts in the property industry call for changes from the Government including more building and  social housing

High borrowing costs and public sector pay rises have given chancellor Rachel Reeves a £6.7bn headache ahead of next week’s Budget. Borrowing in the first six months of the year stood at £79.6bn, £1.2bn higher than a year earlier and almost £7bn higher than the Office for Budget Responsibility watchdog – which monitors the state’s finances – had estimated.