Rachel Reeves could raise £10bn a year in wealth taxes as she looks to plug a massive hole in the public finances left by the Conservatives, according to a new report. The left-leaning Resolution ...

Tax rises at the Budget are “inevitable”, a think tank with close links to Labour has said ahead of the major fiscal event later this month. The Resolution Foundation however suggested there was a way ...

Rachel Reeves has been urged to launch a £9bn tax raid on pensions in the Budget to help cover ballooning Government spending. Left-leaning think tank the Resolution Foundation said the Chancellor ...

Sir Keir Starmer’s U-turns on benefit cuts and winter fuel payments have blown a £4.5bn hole in the public finances that will “very likely” be filled by tax rises in the autumn Budget, leading ...

The UK faces a “turning point” this year, with the number of deaths to outnumber births by ever-greater margins for the next 50 years, a think tank has predicted. The impact, the Resolution Foundation ...

LONDON, Oct 12 (Reuters) - Britain's new Labour government may need to increase taxes by 20 billion pounds ($26 billion) in its first budget on Oct. 30 to avoid real-terms cuts across public services, ...