In a decisive referendum result, California voters have overwhelmingly rejected Proposition 50, blocking a major tax reform initiative that would have introduced a wealth tax and increased corporate taxes.
Jeremy Hunt confronts unprecedented fiscal pressure as Treasury officials explore raising income tax rates or thresholds for the first time since 1974, signalling the severity of Britain's economic challenges.
New analysis reveals Britain's tax burden could spark unprecedented emigration wave as high earners seek financial relief abroad. Exclusive insights on the looming brain drain.
Chancellor Rachel Reeves drops major hints about potential tax increases in the upcoming Autumn Budget, signalling tough decisions ahead for UK households and businesses.
Chancellor Rachel Reeves faces mounting speculation as she refuses to rule out tax increases ahead of next week's crucial Autumn Budget, leaving households and businesses anxiously awaiting her announcement.
Chancellor Rachel Reeves faces scrutiny after repeatedly avoiding questions about potential tax increases during a pre-budget press encounter, raising speculation about the government's fiscal plans.
New Chancellor Rachel Reeves refuses to rule out tax increases that would break Labour's election manifesto promises, creating political turmoil and economic uncertainty.
Labour leaders hint at possible tax rises to fund public services, breaking with pre-election tradition in unusual pre-budget speech positioning.
Chancellor Rachel Reeves prepares the nation for potential tax increases as she outlines Britain's fiscal challenges ahead of the crucial autumn budget, warning of 'tough choices' ahead.
Facing its worst economic crisis in decades, Canada unveils a controversial budget featuring sweeping spending cuts and tax hikes that will impact every household.
Exclusive analysis reveals pharmaceutical giants received massive tax incentives while NHS faces funding crisis. Experts demand transparency on whether these breaks are delivering promised benefits to UK healthcare.
Nigel Farage's Reform UK party announces dramatic economic policy featuring income tax cuts, NHS spending freeze, and immigration restrictions in bold pre-election move.
Nigel Farage has dramatically reversed his flagship pledge to slash £90 billion in taxes, admitting the sums 'don't add up' and sparking fury among his own party members.
Reform UK leader Nigel Farage has abandoned his flagship tax cut promises, warning of impending economic collapse that would make such reductions impossible to deliver.
Shadow Chancellor Rachel Reeves considers implementing an exit levy on wealthy individuals attempting to leave the UK ahead of potential Labour tax reforms, targeting capital gains loopholes.
Exclusive investigation reveals how criminals are exploiting HMRC's repayment system, leaving thousands of taxpayers out of pocket. Learn how to protect yourself from this sophisticated fraud.
Britain's economic recovery faces a major setback as new analysis reveals planned tax increases could slash business investment by billions, putting UK competitiveness at risk.
Exclusive analysis reveals America's wealthiest individuals saw their fortunes surge dramatically under Trump's tax policies, sparking renewed debate about economic inequality.
Nigel Farage announces sweeping deregulation plans, vowing to tear up EU laws and slash business taxes in his boldest economic vision yet for Britain's future.
Exclusive insight into how Donald Trump's radical economic agenda of sweeping tariffs and tax cuts is creating both excitement and anxiety across Republican strongholds as the 2024 election approaches.
Chancellor Rachel Reeves announces major council tax reforms targeting high-value properties, aiming to generate £1.2bn for public services while sparking debate over wealth redistribution.
Exclusive investigation reveals how intense lobbying from powerful business groups has shaped Labour's first budget, raising questions about tax fairness and political influence.
As the Chancellor prepares his autumn budget, business leaders and economists reveal the urgent measures required to boost growth, support families, and fix public services across the UK.
As Jeremy Hunt prepares his Autumn Statement, economists warn that tax cuts could reignite inflation, forcing the Bank of England to keep interest rates higher for longer. Analysis of the delicate balancing act facing the Chancellor.
Exclusive: Bexley Council faces £22.5 million budget gap amid soaring costs and service demands, with council tax hikes likely for residents.
Exclusive investigation reveals how HMRC's emergency tax system is hitting pensioners who return to work, with some losing nearly half their income to unexpected tax demands.
Birmingham City Council faces unprecedented financial crisis as spending cuts fail to prevent effective bankruptcy. Expert analysis reveals the grim reality for residents and services.
Chancellor Rachel Reeves considers controversial tax reforms that could see income tax rise while cutting National Insurance, sparking debate over fiscal fairness.
A stealth tax freeze on pension allowances threatens to push millions of Britons into higher tax brackets, potentially derailing retirement plans across the UK.
Labour leader Keir Starmer declines to guarantee against income tax increases in Jeremy Hunt's March budget, sparking concerns about potential tax hikes for millions of Britons.