Lower-income families means that living standards are on track to fall over the next five years for the poorest half of ...

Statement has done little to reassure markets about the Chancellor’s commitment to fiscal discipline, says Aviva’s Vasileios ...

The UK Government has been urged to consider raising the income tax personal allowance to £20,000 after a petition garnered ...

Reeves confirmed that the Universal Credit standard allowance will rise from £92 per week in 2025-26 to £106 per week by 2029 ...

Critics have said it was disingenuous of the Chancellor to suggest that "real household disposable income will rise £500".

UK households face a “historic” tax rise after Chancellor Rachel Reeves delivered her Spring Statement to the House of ...

HMRC still collects income tax in Wales, but the government in Westminster no longer receives all of it. The basic, higher and additional rates of income tax have been reduced by 10p by the UK ...

369.10 GBp-1.90-0.51% ...

Rachel Reeves has received criticism from unions and political opponents after she cut welfare and squeezed Whitehall budgets ...

UK households will have more disposable income over the next few years, new forecasts show (Alamy/PA ... Chancellor Rachel ...

Living standards are set to fall for poorer households at a rate only exceeded in the early 1990s recession and the 2008 financial crash, the Resolution Foundation has found ...