The Latest Breaking News from Paul Johnson

The chancellor’s message was: this is going to hurt, but it’s not my fault. Haven’t we heard that somewhere before?

Few can doubt that the Tories left office with the public finances in a dire state. But it takes two parties not to talk about the tax rises necessary to plug that gap. Indeed, no lesser authority than the Institute for Government’s Paul Johnson accused both Labour and the Conservatives…

Live, rolling coverage of business, economics and financial markets as McDonald’s faces pressure to cut prices and lure back customers

CHANCELLOR Rachel Reeves has been met with disbelief after claiming that a Tory government “cover up” hid a £20 billion shortfall in the UK’s…

The government has confirmed that tax rises are on the horizon

Above inflation deal could lead to government having to find an extra £10bn in total across the public sector

Extra money can only come from higher borrowing, higher taxes or cuts in spending, says expert

Study reveals support for measures to maintain public services, regardless of impact on household finances

Will the return to ‘boring’ politics make all Britain’s problems magically disappear? If you believe that, I have a bridge to sell you, says Guardian columnist Marina Hyde

With Labour heavily predicted to win the upcoming UK election, there has been much talk about future tax plans.

THE director of Institute for Fiscal Studies (IFS) has dismissed a claim made by a senior Labour Party candidate that the financial situation of…