U.K. bond prices and the pound dropped following media reports that the government had abandoned plans to raise income taxes, ...

The chancellor Rachel Reeves is reportedly looking at other ways to fill the government’s estimated £30 billion fiscal hole ...

UK Prime Minister Sir Keir Starmer’s government is in crisis, as rumours swirl of a plot to oust Starmer as leader.

British finance minister Rachel Reeves has no plans to raise income tax rates in this month's budget due to improved fiscal ...

Rachel Reeves abandons plan to raise income tax in screeching Budget U-turn - Chancellor abandons plans to raise income tax over fears they could spark a huge backlash among voters and backbench Labou ...

Health Secretary Wes Streeting was targeted by briefings suggesting he was plotting a coup against Sir Keir Starmer.

Prime Minister Starmer and Chancellor Rachel Reeves have spent the past few weeks preparing for a manifesto-breaking ...

The Chancellor and Prime Minister, Sir Keir Starmer, have reportedly scrapped proposals to raise the basic and higher rates ...

Andrew Neil blasted Labour for "yet another shambles" after reports Rachel Reeves is abandoning plans to hike income tax at ...

Keir Starmer and Rachel Reeves have abandoned plans to break their manifesto commitment and raise income tax, and will ...

Experts said bond markets have baulked at the speculation as it leaves the Chancellor scrambling to fill a gaping black hole ...

UK bonds sold off sharply on Friday morning, as markets recoiled from Reeves' to row back from a manifesto-busting income tax ...