How will tax hikes and the rising minimum wage affect your finances? The Independent’s chief political commentator, John ...

Labour may also hike inheritance tax and capital gains tax, levies based on assets rather than income. Expect the party to ...

The Chancellor has admitted that hiking employer national insurance will be felt “beyond businesses”, as critics warn changing the UK’s second-biggest tax will have a knock-on impact on hiring, wages ...

Firms ‘set to pass on most of higher tax costs to employees through lower wages’ - The Office for Budget Responsibility said ...

Britain's minimum wage for most adults will increase by 6.7% from April next year, a boost for low-paid workers but a concern ...

Ms Reeves is speaking to Sky News about her historic budget. It was Labour's first since 2010, the first ever from a female ...

Minimum wage workers will get an inflation busting 6.7% boost in pay, it was announced on Tuesday. Ahead of Wednesday’s ...

Chancellor Rachel Reeves' 2024 Budget includes huge funding announcements to rescue public services but there are some nasty ...

The backlash to Rachel Reeves’ £40bn-in-tax-rises budget has begun. Labour’s first Budget in more than 14 years sees £22bn ...

LONDON, Oct. 30 (Xinhua) -- The Labour Party government unveiled its first budget on Wednesday, outlining plans to raise taxes by 40 billion pounds (51.9 billion U.S. dollars) a year.

All of Thompson’s staff were already above the state minimum of $16 an hour, and their working conditions are better than in ...

Chancellor Rachel Reeves is due to announce the inflation-busting hike when she delivers her first financial statement ...