News

Inheritance tax take will surge 66% to £15bn within five years... as families face big bills

Today

John Healey was silent on inheritance tax in this week's Budget. But do not be fooled. More households will have to pay inheritance tax in the coming years.

Landlords come out in droves to warn rents will soar after Healey's tax grab

Today

Landlords have hit back at the latest attack by the Government on the sector and are warning tenants will see rents rise as a result.

Are you a Budget winner or loser? Who gets £100 energy cash, who has a new tax break and who gets raided

Today

Middle income families could end up footing the bill for Healey's handouts to those on lower incomes... but it's good news for people who like gherkins.

As Poundland edges towards collapse as sale process fails, what next for the embattled retailer?

Today

Thousands of nervous staff are waiting to hear that the discount retailer's notice to appoint administrators has received court approval on Thursday. This will give the business some breathing room.

Healey faces bingo backlash as Budget tax raid puts 77 sites and 1,200 jobs at risk

Today

John Healey is facing a bingo backlash after his tax raid on gambling put nearly 80 sites and 1,200 jobs at risk.

How will the new state pension tax-free allowance work? STEVE WEBB explains

Today

A new Pension Tax Allowance announced in the Budget will let the poorest pensioners off paying income tax. Steve Webb explains how it will work.

How much more tax will you pay on YOUR savings? What's your total tax hit? Calculate your Budget damage with DEEP DIVE

Today

Income tax thresholds will remain frozen until 2031, adding to the growing tax burden on millions of workers and pensioners.

ECB chief Christine Lagarde announces she will quit a year early as she appears on video with plasters on her face following 'small surgery'

Today

The head of the European Central Bank (ECB) has quit as crisis grips the sclerotic eurozone economy.

'Grim picture' for family finances as Budget forecasts reveal years of pain - in blow to Burnham's 'breathing space'

Today

Families face getting poorer over the next two years as they are squeezed by the rising cost of living and higher taxes according to 'grim' Budget forecasts.

Lloyds urges Healey to keep bank tax raid temporary

Today

Britain's biggest lender has urged the Chancellor not to extend his £1.5billion surcharge on banks, arguing Britain needs a 'stable and predictable' tax regime.

Britain faces £850bn interest bill as towering debt drives up taxes and hurts public services

Today

Taxpayers will stump up more than £850billion in just six years to pay the interest on Britain's towering debt pile.

The key points from Chancellor John Healey's first Budget

Today

Chancellor John Healey is delivering his first Budget against a challenging economic backdrop.

Two in five Junior Isas opened at launch now contain enough cash for a house deposit

Today

Another one in six have enough to fund three years of university, while one in ten already have a pot worth £100,000 or more.

Chancellor's numbers only add up because they were made up, warns leading economist

Today

John Healey was accused of using 'made up numbers' to balance the books as the OBR admitted soaring energy prices meant its figures were already out of date.

The laptop I sold on eBay and sent via Evri arrived dented and I refunded the buyer £40: Can I claim for damage?

Today

To keep the buyer happy, I offered to pay them £40. Should Evri pay me back for this? I think the parcel was damaged in transit.

Healey has launched yet another spiteful attack on the prudent - why I fear this is just the calm before the storm, says JEFF PRESTRIDGE

Today

Compared to the two previous (damaging) tax raising Budgets, today's Budget was somewhat gentler on our household finances and our long-term wealth.

Struggling workers will pay an extra £17billion of income tax by the end of the decade through 'stealth raids'

Today

Chancellor John Healey failed to mention the tax grab in his Budget as he drove the tax burden towards a record high.

Benefits? The bill's UP by £5bn a year: As Tories say UK 'addiction to welfare spending is alive and kicking', Healey vows he'll cut cost 'in a Labour way'

Today

The Chancellor was accused of allowing Britain to drown in an 'out-of-control welfare system' as the fiscal watchdog warned costs will spiral over the next five years.

Victory for the Mail and This is Money as Healey axes Reeves' cash Isa raid

Today

The amount that can be funnelled into a tax-free cash Isa every year will now stay at £20,000 instead of being slashed to £12,000 from April.

Britain's most hated road turns 40: The M25 is despised for its delays, variable limits and poor condition... but Britain couldn't function without it

Today

The M25 has become synonymous with endless tailbacks, roadworks, variable speed limits and degrading condition, earning its reputation as the nation's most hated stretch of road.

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