The Latest Breaking News from Tax Cuts

The economic confrontation between the United States and China has put Europe in the crossfire, with Washington's plan to boost green industries threatening to cause collateral damage to a key ally. The United States has adopted the Inflation Reduction Act (IRA), which contains $370 billion in sweeping investments, subsidies and…

Johnson said he had 'no doubt' the Government would get the tax burden down 'when the time comes'

By extending the fuel excise duty cut, the Government is encouraging people to drive more, which will only worsen the climate challenges we face in the very near future, says Dr Timothy F Welch

James Shaw says his Labour colleagues need to work with him to plug the emissions gap created by extending the fuel tax cuts.

The global economy is hardly booming, but the UK is at the bottom of the pile of developed nations for two clear reasons, says Guardian columnist Martin Kettle

Personnel dramas, infighting and growing fissures caused by the ‘anti-tax loons’ are threatening to de-rail Sunak. Amidst intimidating new statistics from the IMF, can the PM prove his naysayers wrong, asks Anne McElvoy

Chancellor defiant as pressure mounts with warning from within that party could face end of an era in government

The chancellor has repeatedly warned his first priority is to get sky-high inflation under control

The Chancellor did not rule out a fuel duty hike during a grilling by the 1922 Committee, according to MPs who attended.

A leading welfare group says increasing government support payments would cost less than planned tax cuts for the wealthy and lift millions out of poverty.

Hard as it always is to say when the rust set in, I think the deciding moment was the immediate aftermath of Boris Johnson’s resignation on July 7. Faced with the rubble of what amounted to an ethical crash — the long disaster of partygate and the allegations of sexual…