All news on the topic: Resolution Foundation

Chancellor Rachel Reeves has said she will make "necessary choices" in the Budget after the "world has thrown more challenges our way".

Rachel Reeves will make “tough but fair” decisions at the upcoming Budget, Sir Keir Starmer has told Labour MPs amid mounting speculation of a potential hike to income tax.

Chancellor Rachel Reeves has not dismissed the possibility of future tax increases following the UK economy’s worst contraction in a year and a half in April.

Ministers are exploring options to reduce child poverty without completely eliminating the rule.

Resolution Foundation report states that failure to reform has ‘gradually brought back the problems that dismantled the poll tax’.

Reforms to inheritance and capital gains taxes could reduce £20bn shortfall and combat UK’s widening wealth gap