From mansion tax to cash ISA changes: Key announcements in Reeves' Budget
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From mansion tax to cash ISA changes: Key announcements in Reeves' Budget
"From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging. At such a critical moment in US history, we need reporters on the ground."
"After months of speculation and briefings, Rachel Reeves has unveiled 26bn worth of tax rises in her much-anticipated Budget. But in an unprecedented leak just minutes before the chancellor got to her feet, the Office for Budget Responsibility (OBR) published its response to the statement, leaking her entire plan before she even had a chance to unveil it. The tax hikes, which will leave her with 22bn in fiscal headroom, come on top of the 40bn of tax rises unveiled"
The Independent reports on topics from reproductive rights and climate change to Big Tech while offering free access funded by reader support. Rachel Reeves unveiled £26bn of tax rises in a highly anticipated Budget, with the Office for Budget Responsibility leaking its response minutes before the statement. The new measures follow last year’s £40bn of tax rises and include freezing personal tax thresholds plus other smaller measures. The combined tax measures push the tax take toward record levels. The OBR raised this year’s growth forecast to 1.5% but downgraded growth from 2026 onward.
Read at www.independent.co.uk
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