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The Latest Breaking News from Income Tax

Rachel Reeves speech latest: Chancellor has ‘no regrets’ if Labour breaks promise not to raise taxes in Budget

In recent weeks No 10 has repeatedly refused to re-commit to Labour’s manifesto pledges

The Independent UK

Reeves to lay groundwork for tax rises in ‘candid’ speech about budget

Chancellor to promise ‘fairness and opportunity’ but will not repeat manifesto pledge on tax, after PM’s hint at breach

The Guardian - UK

Reeves to promise ‘fairness’ in Budget as income tax hike speculation mounts

No 10 repeatedly refused to say whether Labour’s manifesto pledge not to raise income tax still stands.

The Independent UK

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What's 'front of mind' for Chancellor Rachel Reeves as she plans Budget tax rises and will they hit you?

Cabinet colleague Heidi Alexander gave an insight into Ms Reeves’ thinking

Evening Standard

‘More than a hundred tax and spending plans’ being considered by Reeves ahead of Budget

The Office for Budget Responsibility is expected to downgrade the UK’s performance on productivity at the Budget

The Independent UK

Starmer to face cabinet backlash if he breaks manifesto pledge on income tax

Senior ministers fear rumoured plans could backfire significantly with already-weary voters

The Independent UK

A doctor’s bracing advice to new mums

Letters: Celebrities’ bodies | Rachel Reeves | Income tax | Dogs on sofas

The Guardian - UK

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Voices: ‘Tax the wealthy, not the workers’: Readers divided on how Reeves should tackle £20bn Budget blackhole

YOUR VIEWS: Our community is divided over reports Rachel Reeves’ is set to hike income tax by 2p, with some supporting higher taxes on the wealthy as fair and necessary, while others warn it could harm low-income earners, pensioners, and overall economic growth

The Independent UK

Rachel Reeves ‘considering 2p increase to income tax’

The chancellor is facing the prospect of increasing taxes on 26 November as she looks to balance the books

The Independent UK

Meta, Alphabet, Chipotle, Microsoft And Starbucks: Why These 5 Stocks Are On Investors' Radars Today

Major stock indexes traded mixed on Wednesday, with the Dow Jones Industrial Average slipping nearly 0.2% to 47,632 and the SP 500 holding steady at 6,890.59, while the Nasdaq gained 0.55% to 23,958.47.The Federal Reserve cut its benchmark interest rate by 25 basis points to 3.75%-4.00% and announced it would…

Benzinga

Starmer refuses to rule out tax rises in budget after questioning by Badenoch

Prime minister fails to answer Tory leader’s questions about manifesto pledge not to raise income tax

The Guardian - UK

Income tax rise not ruled out by Keir Starmer in PMQs clash on Budget with Kemi Badenoch

Millions of households are set to be hit with tax rises as Rachel Reeves seeks to plug a hole in the public finances

Evening Standard

Income tax rise only way to plug extra £20bn in Budget black hole, economists warn Reeves

Economists say trying to balance the books by raising smaller taxes risks ‘unnecessary amounts of economic damage’

The Independent UK

How Montenegro became the world's fastest-growing hub for millionaires

Montenegro has experienced a 124% increase in the number of millionaires within its borders over the last decade, significantly more than the UAE or the U.S.

Fortune

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The Independent UK

Taxes must rise but taxes must be fair

THE INDEPENDENT VIEW: Editorial: A tax rise only on the rich will hurt growth and raise too little revenue – a broader rise in income tax would be fairer and more effective

The Independent UK

Rachel Reeves under pressure to target high earners in Budget tax raid

Exclusive: The chancellor is being pushed to break Labour’s manifesto pledge on not raising income tax

The Guardian - UK

Raise £12bn in budget by extending income tax thresholds freeze, says thinktank

Fabian Society says move ‘best available option’ for chancellor as she seeks to offset impact of weaker economic forecasts

Evening Standard

Chancellor declines to rule out income tax hike – reports

Raising the basic rate of income tax by 1p could raise around £8 billion, but would break a clear manifesto pledge.

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The Independent UK

Rachel Reeves ‘considering breaking Labour manifesto pledge with income tax raid’

Rachel Reeves is reportedly considering raising income tax to help fill an estimated shortfall of between £30bn and £50bn

Evening Standard

Rachel Reeves 'considering breaking Labour manifesto pledge with income tax rise at Budget'

Treasury discussions to fill estimated £30billion gap include possibly adding 1p to basic rate or raising higher or additional tax rates

The Guardian - UK

Reeves considers breaking manifesto pledge with income tax rise to fill £30bn gap

Exclusive: Treasury discussions include possibly adding 1p to basic rate or raising higher or additional tax rates

Kiplinger

Three Critical Tax Changes Could Boost Your Paycheck in 2026

The IRS predicts these tax breaks may change take-home pay in 2026. Will you get over $1,000 in tax savings?

Kiplinger

Trump Tax Bill 2025: What Changed and How It Affects Your Taxes

From standard deduction amounts to tax brackets and Medicaid cuts, here’s what individual filers need to know about tax changes in Trump's "big beautiful bill."

The Guardian - UK

How Rachel Reeves could balance Britain’s books and lower inequality

Letters: Caitlin Boswell lays out measures that would make taxation fairer and improve lives. Plus letters from Rachel Sharp, Dr Tim Owen and Paul McGilchrist

GOBankingRates

I Asked ChatGPT Where Retirees Should Live in 2025 for Maximum Savings

If you're retiring in 2025, see where AI thinks your retirement savings will last the longest, thanks to low cost of living and low or no state tax burdens.

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