The Latest Breaking News from AJ Bell

UK Chancellor Rachel Reeves faces the challenge of raising an estimated £20-30bn, with both her and the government’s credibility on the line.

One possible alteration was thought to be tax-free cash drawdowns, but the chancellor may have turned to salary sacrifice schemes

The label once used to describe the UK’s industrial decline in the 1970s is echoing anew as fresh data show the economy slipping into reverse. A 0.1% contraction in September and weak quarterly growth have revived doubts about Britain’s economic vitality amid global trade headwinds.

City heavyweight has cheered the markets by taking helm at Guinness owner, but there may be forces he cannot overcome

Markets began the week in buoyant mood following news of a possible end to the longest US government shutdown in history.

Chancellor reportedly tells watchdog she intends to increase personal tax in one of several ‘major measures’ planned for Budget at end of month

The budget could involve a range of rises – here’s how they would stack up for different levels of income

Pensioners and the self-employed are expected to be the hardest hit in the expected plans.

Nearly 20,000 pension savers have urged the government to rule out two key changes

Some 1,160,000 people over state pension age are expected to incur an income tax liability on savings, according to data obtained by AJ Bell.

As the chancellor looks to bolster government funds, few options remain off the table