Reeves plans to charge electric vehicle drivers 3p per mile starting in April 2028 to replace lost fuel tax revenue.

U.K. Treasury chief Rachel Reeves signals she will raise taxes in her upcoming budget, citing a sicker economy than previously thought.

In a pre-Budget speech in Downing Street, Reeves did not rule out a U-turn on Labour's general election manifesto pledge not to hike income tax, VAT or NI.

Chancellor of the Exchequer Rachel Reeves needs to run primary budget surpluses, a feat Britain last achieved quarter of a century ago, to get a grip on the country’s “unsustainable” debt trajectory,

Yorkshire Building Society has urged Rachel Reeves not to reduce the current cash ISA limit in the Budget, saying this would hit first-time buyers.

Finance minister Rachel Reeves said on Tuesday Britain had faced increasing challenges since her first budget last year, as questions grow over which taxes she will raise to keep her budget on track.

RACHEL Reeves’ plan to hike betting taxes would be a “wrecking ball for the local”, pub chiefs warn. The British Beer and Pub Association urged the Chancellor not to raise levies on low-stake slot

Chancellor Rachel Reeves is being urged to investigate a deal that brings together energy giants Shell and the majority shareholder in the Rosebank oil field. Shell and Norwegian firm Equinor – which owns an 80% majority stake in Rosebank, to the west of Shetland – announced plans last year to create Adura.

Rachel Reeves has given strong indications she will break Labour’s manifesto promise not to raise taxes on “working people” at her Budget on 26