Close Menu
WTX News
    Facebook X (Twitter) Instagram
    Trending
    • Greggs increasing prices tomorrow due to higher employment costs
    • Rock & Roll It podcast Asia Cup 2025 review
    • Mbappé keeps climbing Champions League all-time goal-scoring list
    • A Strictly Come Dancing dark horse has upended the entire competition
    • Ringleader of Rochdale grooming gang jailed for 35 years
    Facebook X (Twitter) Instagram YouTube
    WTX News
    • Live News
      • US News
      • EU News
      • UK News
      • Politics
      • COVID-19
      • Business
      • Tech zone
    • World news
      • Middle East News
        • UAE News
        • Palestine News
      • Europe
        • Italian News
        • Spanish News
      • Africa news
      • South America
      • North America
      • Asia
    • News Briefings
      • UK News Briefing
      • World News Briefing
      • Live Business News
    • Sports
      • Football News
      • Tennis
      • Women’s Football
    • MY World
      • Climate Change
      • In Review
      • Expose
      • Special Reports
        • Conscience Convoy
        • Rohingya Report
    • Entertainment
      • Insta Talk
      • Royal Family
      • Gaming News
      • TV Shows
      • Streaming
    • Lifestyle
      • Fitness
      • Fashion
      • Cooking recipes
      • Luxury
      • Money Saving Expert
    • Travel
      • Culture
      • Holidays
    • Sign Up
      • Log In
    WTX News
    • Live News
    • World news
    • News Briefings
    • Sports
    • MY World
    • Entertainment
    • Lifestyle
    • Travel
    • Sign Up
    Home - News Briefing - Labour’s tax red lines have left Reeves with ‘one hand tied’ for budget, says IFS
    News Briefing

    Labour’s tax red lines have left Reeves with ‘one hand tied’ for budget, says IFS

    By David Pike1 Min Read
    Facebook Twitter LinkedIn Email Telegram WhatsApp
    Labour’s tax red lines have left Reeves with ‘one hand tied’ for budget, says IFS

    Labour’s tax red lines have left Reeves with ‘one hand tied’ for budget, says IFS

    Ruling out of rises to four main taxes could lead chancellor to make ‘economically damaging’ decisions, says thinktank. Rachel Reeves has “one hand tied behind her back” as she considers how to balance the books next month in her first budget, a leading economic thinktank has said, after she ruled out increases to the four main taxes that account for 75% of all revenues. The Institute for Fiscal Studies (IFS) said Labour had promised not to raise income tax, national insurance, VAT or corporation tax before the budget, heightening speculation that Reeves will seek to increase revenues from rises in capital gains tax, inheritance tax and stamp duty on property sales.

    Continue reading…

    https://www.theguardian.com/business/2024/sep/21/rachel-reeves-budget-ifs-income-tax-national-insurance-vat

    London Rachel Reeves The Guardian UK featured
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram WhatsApp
    Previous ArticleAngela Rayner: ‘I get criticised for going on holiday. Am I not allowed to do that?’
    Next Article Illegal immigrant bites Border Patrol agent in the face amid ‘significant rise’ of attacks on CBP
    David Pike

    David Pike is an experienced news journalist with over 20 years experience as a UK News editor for WTX News and other news publications.

    Related Posts

    Greggs increasing prices tomorrow due to higher employment costs
    UK News

    Greggs increasing prices tomorrow due to higher employment costs

    Ringleader of Rochdale grooming gang jailed for 35 years
    Manchester news

    Ringleader of Rochdale grooming gang jailed for 35 years

    Gaza latest: Israel ‘harasses’ Greta Thunberg aid flotilla – as video shows ‘warship’ circling
    UK News

    Gaza latest: Israel ‘harasses’ Greta Thunberg aid flotilla – as video shows ‘warship’ circling

    All GP surgeries in England must offer online booking from today
    Politics

    All GP surgeries in England must offer online booking from today

    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    Advertisment
    News Headlines
    Greggs increasing prices tomorrow due to higher employment costs

    Greggs increasing prices tomorrow due to higher employment costs

    Ringleader of Rochdale grooming gang jailed for 35 years

    Ringleader of Rochdale grooming gang jailed for 35 years

    Save 70% on VIP subscription
    News Briefings - the way to a better life
    News Briefings - the way to a better life
    Advert by Sponsors
    More from WTX News
    The latest gaming news - with game reviews and tips and tricks. updated 24 hours a day.
    The latest gaming news
    Hot off the press!
    • Greggs increasing prices tomorrow due to higher employment costs October 1, 2025
    • Rock & Roll It podcast Asia Cup 2025 review October 1, 2025
    • Mbappé keeps climbing Champions League all-time goal-scoring list October 1, 2025
    • A Strictly Come Dancing dark horse has upended the entire competition October 1, 2025
    • Ringleader of Rochdale grooming gang jailed for 35 years October 1, 2025
    WTX News latest breaking news sports and travel
    Latest News and analysis - Deciphering through the BS with exclusive News Briefings
    Facebook X (Twitter) TikTok Instagram

    News

    • World News
    • UK News
    • US News
    • EU News
    • Business
    • Opinions
    • News Briefing
    • Live News

    Company

    • About WTX News
    • Register
    • Advertising
    • Work with us
    • Contact
    • Community
    • GDPR Policy
    • Privacy

    Services

    • Fitness for free
    • Insta Talk
    • How to guides
    • Climate Change
    • In Review
    • Expose
    • NEWS SUMMARY
    • Money Saving Expert

    News delivered to your inbox

    Copyright WTX News 2025

    • Privacy Policy
    • Terms

    Type above and press Enter to search. Press Esc to cancel.