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Reeves urged to make Budget ‘bold’ or risk future tax rises
The chancellor should be “bold” in next month’s Budget or risk future spending cuts and tax rises, an influential think tank has said. The Institute for Fiscal Studies (IFS) is projecting Rachel Reeves will need to find £22bn to make up a shortfall in the government’s finances, and will “almost certainly” have to raise taxes….
Schools to offer technical subjects to pupils from age 14, Burnham says
Secondary school pupils in England will be able to study subjects like manufacturing and AI in addition to core academic learning under reforms outlined by Prime Minister Andy Burnham. The government said the courses, which would be available from Year 10, would be linked to local industries and designed to give children a clearer pathway…
Harrods says customers’ data stolen in IT breach
Luxury department store Harrods has warned customers their personal data may have been taken in an IT systems breach. It said information like names and contact details of some online customers was taken from the systems of a third-party provider. Harrods described the breach in an email sent to customers on Friday evening as an…
Rachel Reeves backs off from plans to raise income tax rates in Budget
Chris Mason,Political editor and Kate Whannel,Political reporter House of Commons Chancellor Rachel Reeves has decided against raising income tax rates at the Budget later this month. In recent weeks, Reeves had given strong indications she would increase the tax – a move that would have broken Labour’s election manifesto promise not to raise “the basic,…
