Extending the existing freeze on personal tax thresholds from 2028 until 2030 — which now looks set to be Reeves’ single ...

The chancellor had been widely expected to increase income tax rates, which would have broken a manifesto promise.

Treasury sources insist reversal follows better-than-expected economic data – with mansion tax on £2m properties considered ...

The Office for Budget Responsibility (OBR) has handed Rachel Reeves a £1.7bn lifeline to balance the books after it changed a ...

Markets have been heaping risk premium on UK borrowing after the Chancellor's extraordinary backtrack - despite weeks of ...

The Pound Sterling (GBP) consolidated its recovery from seven-month lows against the US Dollar (USD), as GBP/USD lacked ...

The chancellor has ditched plans to increase income tax, leading to fears she will not be able to create the buffer zone ...

UK finance minister Rachel Reeves plans no income tax hikes in the upcoming budget, despite needing funds to meet fiscal targets. Improved fiscal forecasts influenced this decision, impacting ...

In London, the FTSE 100 fell over 1% on Friday, underperforming broader European markets. The slide was linked to a surge in ...

The US dollar weakens as UK GDP misses forecasts and Fed officials offer little clarity. Outlook for GBP/USD and EUR/USD ...

The Pound to US Dollar ( GBP/USD) exchange rate slipped on Friday after reports emerged that the UK government U-turned on ...

Rachel Reeves has blamed a sharper than expected slowdown on a cyber attack that crippled production at Jaguar Land Rover.