After a record-breaking tax grab in October, Rachel Reeves is eyeing up the taxpayer once again. The Chancellor framed the £41.5bn of tax rises in her maiden Budget as a “once in a Parliament” emergency intervention to help plug a £22bn “black hole” in the public finances.

Rachel Reeves has found brief respite this morning, with the Office for National Statistics confirming that inflation dipped to 2.5 per cent in the 12 months to December, down from

Rachel Reeves said she welcomed proposals from the Financial Conduct Authority (FCA) to ease strict mortgage lending regulations, a move aimed at boosting homeownership and stimulating the UK economy. But first-time buyers listening out for confirmation of support will be left disappointed, as no such measures were mentioned.

December's inflation dip was a rare piece of positive financial news, but don't get used to it. Prices will be rising soon enough.

British finance minister Rachel Reeves spelled out her plans to revive the country's slow-moving economy on Wednesday, adding to recent pledges to reform investment and planning rules with a commitment to back airport expansion at Heathrow.

The Pound Sterling moves higher against the US Dollar, as investors focus on the Fed’s monetary policy decision. Fading concerns over DeepSeek’s low-cost AI model to challenge US AI models’ dominance have diminished some US Dollar risk-premium.

The chancellor says the airport is at "the heart of the UK's openness as a country" and a third runway could lead to 100,000 more jobs.

DRINKERS face paying more for their favourite drinks when new tax rates come in this week. The price of some drinks will creep up by as much as 32p while the cost of certain bottles of wine will

LONDON - British finance minister Rachel Reeves is expected to back the expansion of Heathrow Airport on Wednesday, turning to the country's most controversial infrastructure project in her hunt for economic growth.

Labour’s election manifesto included a promise that the party would “not increase taxes on working people” but Rachel Reeves has quietly overseen a £1.1billion tax bombshell that will hit almost everyone. Under her watch, council tax bills are soaring.

Not long after her disastrous Budget last October, Rachel Reeves declared that she was 'not coming back with more borrowing and more taxes'.

LONDON: Business activity has slumped at British firms and profit warnings have risen, according to two reports that say each trend is the worst it’s been since the pandemic.