The Latest Breaking News from Tax Cuts

Mel Stride, who chairs the influential Treasury Select Committee, says he is among those who expects Chancellor Kwasi Kwarteng will have to row back further when he announces full financial plans

Labour leader Keir Starmer probed the Prime Minister in the House of Commons on her mini-budget which sent the markets into turmoil due to unfunded tax cuts.

‘Tax cuts to mums for having kids is completely pointless and actually just insulting when we have the second most expensive childcare system, and the third worst maternity pay in Europe,’ campaigner says

A federal Resolve poll for Nine newspapers, conducted October 5-9 from a sample of 1,604, gave Labor 39% of the primary vote (steady since September), the Coalition 30% (down two), the Greens 12% (up two), One Nation 5% (down one), the UAP 3% (up one), independents 9% (up one) and…

Sterling falls more than a cent to below $1.10 after Andrew Bailey tells pension firms they have ‘got to get this done’

Exclusive: Staffers told to undertake line-by-line scrutiny to see if changes are needed

Since pandemic shareholders have enjoyed large payouts at time of meagre workers’ pay growth, thinktanks find

Fund says chancellor’s measures have made Bank of England’s battle against inflation more difficult

The government must slash spending by £60bn and risk political turmoil to get debt under control unless it abandons plans for lower taxes, a leading economic think tank has warned

IFS says Kwasi Kwarteng’s mini-budget will leave ministers making serious reductions in public services

The clip, taken in 2018, showed the PM appearing to contradict her £43billion plan to slash taxes, which will increase the national debt.