Rachel Reeves is poised to launch the biggest Budget tax raid in history. The Chancellor’s maiden Budget later this month will involve as much as £35 billion of tax rises – the most on record in cash terms – as she protects her commitment to ending “austerity” and attempts to ensure departments avoid real-terms cuts in spending.

Rachel Reeves set to raise capital gains tax rate on sales of shares in Budget - Budget reforms will not increase the rate on sales of properties, it has been reported

With the Autumn Budget less than two weeks away, speculation about which taxes Chancellor Rachel Reeves will opt to raise has reached fever pitch. On entering No 11 Downing Street, Reeves commissioned the Treasury to conduct a thorough spending audit,

Rachel Reeves has sparked a rush on gold as wealthy households race to save their money from a tax raid at this month’s Budget. The Royal Mint reported sales of gold coins, which are exempt from capital gains tax,

Rachel Reeves is aiming to raise £40 billion in tax rises and spending cuts in the Budget, it has emerged. The chancellor hopes that filling Treasury coffers with the huge sum will avoid a return to the austerity of the Tory years.

UK chancellor Rachel Reeves has identified a £40bn funding gap ahead of her Budget in two weeks — far more than previously expected — as she prepares big tax rises to patch up the NHS. The figure represents the funding that Reeves needs to protect key government departments from real-terms spending cuts,

British finance minister Rachel Reeves is eyeing tax rises and spending cuts to a value of around 40 billion pounds ($52 billion), two government sources said, after she was quoted as saying there was a "big gap" to be filled in the budget.

Filling the £22bn financial "black hole" would only be enough “to keep public services" still, she told a meeting.

Rachel Reeves should increase capital gains tax (CGT) at Labour’s upcoming Budget, a group of millionaire business owners have urged, estimating the measure would raise £14bn a year. In a report by the IPPR think-tank,