Morrisons loses £17m VAT fight on rotisserie chicken
A High Court ruling means Morrisons faces a £17m tax bill after judges decided its rotisserie chickens are subject to the 20% 'pasty tax'. The supermarket argued most are eaten cold.
Category : Search result: tax and spending
Reeves' Mansion Tax Plan Sparks 'Spiteful or Fair' Debate
Chancellor Rachel Reeves's proposed 'mansion tax' on properties over £5m divides opinion. Is it a fair wealth levy or a spiteful policy? Explore the details and reactions.
Best Culture of the Year: Hidden Gems Not From 2025
Discover the standout films, books, and music from past years that captivated UK audiences in 2025. Our critics reveal their favourite hidden gems.
Deep State Worries Over UK Defence & Budget Leaks
Sky News podcast reveals deep state concerns over UK vulnerability to Russian attacks and a formal leak inquiry into budget tensions between No.10 & No.11. Listen for the full analysis.
Labour rural MPs rebel over farm inheritance tax
Chancellor Rachel Reeves faces a Labour rebellion as rural MPs defy the government over the controversial 'family farms tax' on estates worth over £1m. Read the full story.
UK's 3p Pay-Per-Mile Road Tax to Start in 2028
Chancellor Rachel Reeves announces a new 3p-per-mile road charge for electric and hybrid vehicles from April 2028. Find out how much you'll pay and what it means for the future of driving.
London Council Cyber Attack: Services Hit & Resident Advice
Three London councils were hit by a major cyber attack, potentially compromising resident data. Here is the full list of affected services and the latest official advice on what to do if you are impacted.
9 potential sites found for Gypsy and Traveller pitches
Islington Council has identified nine potential sites for permanent Gypsy and Traveller pitches, sparking hope after years of delay. The consultation faces fears of a 'shameful' public backlash.
Is a daily glass of wine good for your heart?
A London cardiologist explains the complex truth about wine and heart health. Discover the risks, the minor benefits, and the safer alternatives like grapes and berries. Read the expert advice.
Black Friday footfall down 7.2% amid economic fears
UK high street visits fell sharply on Black Friday as cost of living pressures bite. New data and KPMG report warn weak consumer spending will curb 2026 growth. Read the full analysis.
UK Economy Set to Cool in 2026, KPMG Warns
The UK economy is forecast to slow to 1.0% growth in 2026, with rising unemployment and a stealth tax squeeze hitting household spending. Discover the full economic outlook.
Two-Tier Holiday Season: Wealth Gap Impacts Spending
A tale of two economies this festive season as high earners in affluent areas spend freely while others struggle with debt and inflation. Discover the data shaping UK retail.
State Pension Tax Exemption Creates Two-Tier System
Chancellor Rachel Reeves confirms state pension-only recipients won't pay tax this parliament, but experts warn of fairness issues for other retirees. Learn the implications.
London mansion tax: 26,500 homes face new charge
Exclusive analysis reveals 26,500 properties sold for over £2m face new 'mansion tax' surcharge from 2028. Discover which London boroughs will be hardest hit.
England fans boost spending despite Ashes defeat
England cricket fans increased spending by 59% after first Test defeat in Perth, while Australian fans tightened belts. New data reveals surprising post-match spending patterns.
Monsoon owner hits out at Reeves' Budget tax rises
Adena Brands, owner of Monsoon and Accessorize, warns Chancellor Rachel Reeves' tax increases are forcing it to stop growth investment. Read the full financial impact.
Badenoch brands Labour's welfare budget 'unchristian'
Tory leader Kemi Badenoch claims Rachel Reeves' Autumn Budget, funding a £16bn welfare rise with £26bn tax hikes, contradicts Christian values. Explore the political fallout.
Americans slash holiday spending as economy worries grow
Guardian readers across America reveal how rising prices and unemployment fears are forcing them to cut back on festive spending. Discover how economic uncertainty is changing holiday traditions.
IFS Warns Budget Tax Plans Are 'Fiscal Fiction'
The Institute for Fiscal Studies warns Jeremy Hunt's budget relies on 'fiscal fiction' with unrealistic spending cuts and tax rises. Read the full analysis of the UK's financial outlook.
London's £2m Mansion Tax: New Council Tax Charge
Chancellor Rachel Reeves introduces new mansion tax on properties over £2m from 2028. London homeowners face annual charges up to £7,500. Discover how this affects the property market.
IFS Challenges Reeves' 'Fiscal Fiction' Tax Plan
The IFS warns Rachel Reeves' Budget relies on 'heroic' spending restraint, with major tax rises delayed until 2028, risking future fiscal credibility. Read the full analysis.
UK Defies Trump, Keeps Digital Services Tax
Chancellor Rachel Reeves maintains UK's Digital Services Tax despite US pressure, generating £800m from tech giants. Discover the political standoff and economic implications.
Councils pay £630m to housing middlemen
Exclusive investigation reveals UK councils have spent £633m on rent-to-rent schemes since 2020 as housing crisis deepens. Discover how middlemen profit from desperate local authorities.
Tax Threshold Freeze Extended: Calculate Your Bill
Chancellor Rachel Reeves extends the tax threshold freeze until 2031. Use our calculator to see how much more tax you will pay as your salary increases.
New Mansion Tax: How It Affects UK Homeowners
The UK government's proposed mansion tax could impact properties valued over £2 million. Learn how this property tax reform might affect homeowners and share your views.
Budget Leak Exposes £25bn Tax Rise & Economic Slowdown
Chancellor Rachel Reeves' Budget leaked before Commons speech, revealing record tax burden hitting 38.3% of GDP to fund £70bn welfare increase. Discover the full economic impact.
Chancellor's tax-raising budget hits ordinary people
Rachel Reeves announces £26bn tax rises including mansion tax and pension changes while scrapping two-child benefit cap. Full budget breakdown and analysis.
Lawyers slam Rachel Reeves's 'illogical' LLP tax
Legal professionals warn Chancellor's proposed LLP tax reforms could damage UK law firms' competitiveness. Experts reveal unintended consequences for partnership structures.
New £2m Mansion Tax: What You Need to Pay
Chancellor Rachel Reeves announces a new 'mansion tax' on properties over £2m. Discover the bands, annual charges, and how it tackles wealth inequality from 2028.
TfL's £4.3m annual phone bill revealed
Transport for London discloses it spent £4 million annually with O2 before switching to Vodafone. Discover the full financial details revealed by a Freedom of Information request.
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