Category : Search result: Labour losses


Pensioners face 87% inheritance tax under Labour

Labour's plan to close a pension tax loophole could see some retirees facing an effective 87% inheritance tax rate from April 2027. Experts warn this requires urgent financial planning.

Older drivers resist Labour's 2030 petrol car ban

Data reveals a generational split as over-55s refuse to switch to electric vehicles, while younger motorists are twice as likely to adopt EVs. Discover the impact on Labour's green targets.

Labour's new £300 EV tax for 9,900-mile drivers

Labour Chancellor Rachel Reeves is set to introduce a new pay-per-mile car tax. Drivers covering 9,900 miles annually could face an extra £300 charge, raising concerns over EV uptake.

Urgent ISA warning for UK households

UK savers urged to move cash ISA funds to higher-paying accounts ahead of potential Labour Budget changes. Discover top tax-free savings rates exceeding 4%.

Reeves Scraps Income Tax Rise in Budget U-Turn

Chancellor Rachel Reeves abandons plans to increase income tax, breaking a key manifesto pledge. Discover the £50bn funding gap and the alternative tax strategies now being considered.

WASPI women issued 'hard to believe' update

WASPI women receive a crucial update as the Labour government retakes the compensation decision. A finance expert calls the DWP's communication failure 'hard to believe'.

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