Middle earners up to £52k hit hardest by budget changes
Analysis reveals workers earning up to £52,000 will be worst affected by a 'triple whammy' of tax and policy changes from the Autumn Budget. Discover the key impacts.
Category : Search result: fiscal policy
Cognitive decline costs pensioners £30,000, warns IFS
New IFS research reveals cognitive decline erodes £30k of wealth for over-65s, urging urgent pension reforms and advance financial planning to protect savings.
UK households face 'double tax raid' on savings
Chancellor Rachel Reeves's Autumn Budget sparks a 'double tax raid' on UK savings via ISA reforms and frozen tax thresholds. Discover the impact on your money and what you can do.
State pensioners face new 'two-tier' income tax rule
Labour's new rule means pensioners with only state income won't pay tax from 2027, but critics warn of unfairness for those who saved. Discover the full impact.
Rachel Reeves: State Pensioners Spared Income Tax
Chancellor Rachel Reeves announces low-income pensioners reliant solely on the state pension will not pay income tax before 2027. Read the full details of the new rules.
Disposable income falls to lowest level since 2019
UK household disposable income has plummeted to its lowest point since 2019, driven by a £6bn tax surge. Experts warn fiscal drag is eroding wage gains. Read the full analysis.
HMRC to Spur Thousands to Part With Cash in Weeks
As the self-assessment deadline looms, HMRC reports record tax receipts exceeding £900bn. Experts warn of fiscal drag and rising unemployment impacting public finances. Read the full analysis.
Pensioners face tax hit as thresholds frozen under Labour
Chancellor Rachel Reeves's Budget reforms, with frozen income tax thresholds, are set to push retirees with modest savings into paying tax. Experts warn of fiscal drag and inheritance tax implications.
Inheritance Tax receipts hit £5.8bn, up £84m
UK inheritance tax receipts reach £5.8bn in eight months, driven by frozen thresholds. Experts warn the 'quiet' revenue raiser is forecast to hit £14.5bn by 2031. Read the full analysis.
Virgin Media O2 opens new Manchester city centre office
Virgin Media O2 has moved 1,100 staff to a new 'marquee' Manchester HQ. The telecoms giant says the city centre location boosts recruitment and hybrid working is here to stay. Read more.
Planned Solihull Special School Scrapped After Funding Shift
A planned 150-place special school in Shirley, Solihull, has been cancelled after the government redirected £3bn to create specialist places in mainstream schools. Council leader expresses disappointment.
London Congestion Charge rises to £18, EV discount cut
London's Congestion Charge will increase from £15 to £18 on January 2nd, with electric vehicles losing their full exemption. Annual rises will follow Tube fare increases.
Reeves: State Pension Only Retirees Won't Pay Tax
Chancellor Rachel Reeves confirms low-income pensioners won't pay income tax from 2027. Get the full details on the tax perk and what it means for you.
Chancellor Spares Low-Income Pensioners from Tax
Chancellor Rachel Reeves confirms state pensioners with no other income will not pay income tax in this Parliament, addressing concerns over frozen tax bands. Read the full details.
State pension triple lock increase could backfire, experts warn
Labour's 4.1% state pension hike faces a fiscal threat from rising unemployment and a shrinking tax base. Experts warn the policy could backfire. Read the full analysis.
State pensioners to receive £575 extra next year
Millions of UK pensioners will see their state pension rise by £575 next year due to the triple lock. Find out how this above-inflation increase affects you and the debate it sparks.
Capital Jingle Bell Ball 2025 Filming Notice
Attendees at Capital's Jingle Bell Ball 2025 on 6 December are advised that filming and photography will take place for promotional use by Global and event sponsors. Learn how to opt out.
Engineer loses transgender toilet discrimination claim
Employment tribunal dismisses engineer's claims over transgender toilet policy. Maria Kelly plans to appeal, arguing the ruling misunderstands the law. Full story here.
Reeves' stealth tax warning for earners over £40,000
Chancellor Rachel Reeves confirms frozen tax bands, dragging millions into higher rates. Discover how fiscal drag impacts your income and pension. Sign up for our money-saving newsletter.
State pensioners to keep tax perk, confirms Chancellor
Chancellor Rachel Reeves confirms state pensioners with no other income will not pay income tax. Key update on frozen tax bands and fiscal drag explained.
Starmer's China warning: Security threats and economic realism
PM Keir Starmer warns China poses 'real national security threats' but rejects binary foreign policy, balancing security with 'huge' economic opportunities. Read his full strategy.
OBR boss quits over Budget leak 'worst failure'
OBR chair Richard Hughes steps down, taking full responsibility for the technical failures that led to the pre-Budget leak of sensitive fiscal data. Read the full details of the damning report.
McDonald's reveals why staff cannot accept tips
McDonald's enforces a strict no-tipping policy across its UK restaurants. Discover the reason behind the rule and the charitable alternative for grateful customers.
State Pension rise confirmed as tax-free for 2025/26
The government confirms the 4.8% State Pension increase will not be taxed next year, but frozen personal allowance continues to pull retirees into the tax net. Discover the full details.
Martin Lewis Warns of 'Biggest Tax Rising Measure'
Martin Lewis explains how the extended tax threshold freeze until 2031 will push millions into higher tax brackets. Discover what fiscal drag means for your wallet.
Martin Lewis Explains Autumn Budget Benefit Rules
Martin Lewis clarifies three confusing benefit rules from Rachel Reeves' Autumn Budget, explaining fiscal drag and how tax freezes will impact millions of UK households.
Sandwell Council's Week: Key Decisions Revealed
From a controversial 24/7 casino approval to a rejected 'battery farm' HMO and a UK-first robotic pharmacy. Get the full update on Sandwell Council's major decisions this week.
Workers 'sabotage future' to avoid HMRC tax trap
Experts warn millions are refusing pay rises and promotions to sidestep a stealth tax, a move that could cost them hundreds of thousands over their career.
Petition for £20,000 Tax Allowance Hits 10k Signatures
A public petition urging HMRC to raise the Personal Tax Allowance to £20,000 has gained significant traction. Read the government's response and what happens next.
Reeves defends tax rises in Labour Budget
Chancellor Rachel Reeves refuses to apologise for breaking Labour's tax pledge as Budget pushes tax take to record high. Read the full analysis of political reactions.
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