As Labour faces a £30 billion budget gap, internal calls for a UK wealth tax grow louder—but tax experts say it's politically symbolic, not practically viable.

Labour proponents of raising more money from Britain’s richest people have long circulated a report by the UK Wealth Tax Commission as proof it can be done. But one of the report’s authors says he can ...

Chancellor Rachel Reeves has been urged to "level with people" and admit she will be forced to push up taxes - and could break promises made in Labour's General Election manifesto. Ed Balls, a Labour ...

It made world news when Chancellor of the Exchequer Rachel Reeves was pictured puffy-eyed and teary sitting behind U.K. Prime ...

Sir Keir Starmer has sparked fears of a new stealth tax after Kemi Badenoch warned that "millions of our poorest pensioners ...

R achel Reeves is expected to introduce a “stealth tax” and target taxes on the wealthy in a bid to both raise revenues and ...

B ritons on benefits can earn £2,500 more than a worker on the national living wage, according to a hard-hitting analysis ...

During a fiery PMQs, the prime minister ruled out increases to income tax, VAT and national insurance but could not answer ...

Starmer opens the door for stealth tax extension as he tries to balance books - During a fiery PMQs, Keir Starmer ruled out ...

Hard-Left MP Nadia Whittome pushes for a huge number of tax hikes now that the Chancellor's authority has been seriously weakened ...

The effect of the policy is to drag millions of workers into higher tax bands when their pay goes up, raising tens of ...

Keir Starmer has urged to raise up to £120billion from Brits by increasing national insurance again, targeting banks and ...