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Tax and spending

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Austerity could be more difficult this time round, says Lord King

Average earners, rather than the wealthy, will be required to pay significantly higher taxes to finance higher public spending...
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Business

Hunt rips up almost all of mini-budget and scales back energy help

Jeremy Hunt has ripped up almost all of Liz Truss’s disastrous mini-budget, scrapping virtually all of the announced tax...
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Business

UK investors brace for another week of market turbulence

City investors are bracing for a week of renewed choppy trading in UK financial markets as Liz Truss’s government...
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Business

Jeremy Hunt says difficult decisions ahead after Truss ‘mistakes’

The new chancellor, Jeremy Hunt, has spoken of “mistakes” made by the Liz Truss administration and predicted “difficult decisions...
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Business

Liz Truss to raise corporation tax in another humiliating U-turn

Liz Truss has performed a humiliating U-turn over her flagship plan to cut corporation tax, as she insisted she...
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Business

Poorer families risk £1,000 hit from earnings-related benefits rise

If the government raises benefits in line with earnings rather than inflation next year, it would drastically cut the...
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Business

Liz Truss’s economic plans are more anti-growth than those of her critics | Richard Partington

S omewhere on the roads into north London, the suburbs turn into streets lined with the townhouses of the...
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Business

OBR forecasts likely to show £60bn-£70bn hole after Kwarteng’s mini-budget

Kwasi Kwarteng has been handed independent forecasts on the state of the UK finances that are expected to show...
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