The IFS warning comes as the chancellor says the UK is in discussions with the US over Donald Trump's new 25% tariffs on cars ...

Britain’s Office for Budget Responsibility, a slimmed-down version of the Congressional Budget Office in the US, may be just 15 years old but it’s already one of the most powerful players in the ...

Taxes may have to rise in the autumn, economists have warned, despite big benefit cuts and spending reductions in Wednesday's Spring Statement. The Institute for Fiscal Studies think tank said ...

A HOST of pub chains have warned of price rises ahead of a major tax rise. The Government is hiking employer National ...

Judicious funding allocations could boost living standards for the country's poorest households, according to the Resolution ...

Millions of people will receive more money in their back pocket as hikes to statutory pay come into effect from today. The ...

The government has raided the overseas aid budget ... So the big debate now will be about whether to raise taxes in the autumn Budget.” The chancellor will likely extend the freeze in tax ...

She was helped by a better-than-expected forecast from the Office for Budget Responsibility, but the watchdog still put her chances of missing that rule at 46%.

They are the embodiment of this government’s unwavering commitment ... year above inflation compared to 1.3% in the Autumn." REEVES ON WELFARE BUDGET "The OBR have said that they estimate ...

The Autumn Budget in October saw the government increase the National Living Wage (NLW) and Employer National Insurance Contributions (NICs), shocking UK businesses. The lowest paid employees have ...

In Reeves' Autumn Budget in October ... "What I'm saying is that there are loads of things that this government is doing that are contributing to growth," she said. The Institute for Fiscal ...

It says the £9.9bn surplus it generated in the autumn Budget would have been more than wiped out by interest payments on government debt, leading to a £4.1bn deficit by 2029/30. But policy ...