The Latest Breaking News from Tax Cuts

Senior Tory suggests ‘further row back on the tax package’ needed to calm financial markets after PM rules out public spending cuts

The finance minister has outlined a new plan to cut back on consultancy fees while the treasurer has promised to leave controversial stage three tax cuts alone.

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