Category : Economy


UK Tax Burden Hits 300-Year High Under Reeves

Chancellor Rachel Reeves has increased the UK tax burden to its highest level in over 300 years, with new forecasts revealing a 38.3% tax-to-GDP ratio. Discover the full impact of the Budget.

Reeves' Budget sparks fury over 'stealth tax' rises

Rachel Reeves' Budget faces a furious backlash for 'punishing responsibility' with stealth taxes on workers and savers while scrapping the two-child benefit cap. Readers call it a 'kick in the teeth'.

New 3p-per-mile EV tax announced for 2028

Chancellor Rachel Reeves reveals new Electric Vehicle Excise Duty charging 3p per mile from 2028. Learn how this pay-per-mile scheme affects EV owners and industry reactions.

State Pension to rise by 4.8% in April 2026

Chancellor Rachel Reeves confirms a 4.8% state pension increase from April 2026, giving millions of pensioners an extra £575 a year. Discover the new weekly rates and tax implications.

Luxury cars removed from Motability scheme

Chancellor Rachel Reeves announces the removal of high-end vehicles from the Motability scheme. Discover the full details and implications of this significant policy change.

Income Tax Thresholds Frozen Until 2031

Chancellor Rachel Reeves extends income tax threshold freeze to 2030-31, creating fiscal drag that will push millions into higher tax brackets. Calculate your increased tax burden.

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