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UK’s Reeves raises taxes by most since 1993 in first Labour budget

By David Milliken and Sachin Ravikumar LONDON (Reuters) - Britain's new finance minister Rachel Reeves announced the biggest tax increases in three...

UK may need to hike taxes by 25 billion pounds in Oct. 30 budget, think-tank says

IFS sees risk of hefty tax rise to ease spending squeeze Past governments have raised taxes sharply after elections Citi says...

Panic in New Zealand as country copies Italy and Spain with tourist crackdown

New Zealand has announced that it is to almost triple its visitor tax to protect its natural environment and invest in public services.The tax,...

Nation ‘broke & broken’, says new UK govt as it plans to repair economy

The government on Sunday released an overview of the spending assessment Reeves commissioned shortly after taking office. She will deliver the complete report to...

UK election-winner Starmer inherits weak economy with ‘no magic wand’

Britain's next prime minister Keir Starmer spent the election campaign accusing Rishi Sunak's Conservatives of "14 years of economic failure", but he has no...

UK elections: Voters wonder if their votes will make a difference

A lot of politicians have promised change to voters in Hartlepool, a wind-whipped port town in northeast England. For decades, Labour Party representatives said they...

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