Under the OBR’s October forecast, Reeves was on track to meet the target by a margin of only £9.9bn, or 0.3 per cent of GDP. The OBR has pointed out that the figure is the third-lowest amount of ...

Research from the Global Payroll Association reveals that, in total, UK tax receipts for 2024 amounted to £849bn. Of this, businesses paid £114bn in employer NICs, a 6.8% increase on the previous year ...

Brits said to be "already paying" for Chancellor's Budget "with ever-rocketing taxes, hundreds of thousands of job cuts and ...

Labour starts the week battling criticism over its ability to achieve its housing plan, as well as the Budget’s blow to business confidence ...

The news that the UK economy grew by only 0.1 per cent in the last quarter of 2024, will no doubt, be a disappointment to ...

Growth forecasts for the UK economy are lower than they were at the Budget, which could force the Chancellor to raise taxes ...

More than a quarter (29%) of Midlands mid-market businesses are looking at salary sacrifice schemes as a means of mitigating ...

Rachel Reeves has been warned not to hammer businesses with higher taxes after the Office for Budget Responsibility (OBR) ...

Rachel Reeves received a small boost as the economy unexpectedly grew at the end of 2024, ensuring the UK does not face an ...

Last week the Bank of England halved its forecast for growth in 2025 to 0.75%, although other forecasters such as the ...

Britain's economy unexpectedly grew by 0.1% in the final quarter of last year, official figures showed today, offering some ...