Rachel Reeves asks banks to praise her plans as they escape Budget tax raid
Chancellor under pressure from some Labour MPs to raise levies on business this week
Chancellor under pressure from some Labour MPs to raise levies on business this week

Chancellor acknowledges lenders already pay high levels of tax by international standards

Labour MPs warn chancellor that a possible £1.5mn threshold for the new levy would be too low

Chancellor lays groundwork for further tax rises in speech weeks ahead of Budget

Chancellor says ‘national interest’ more important than ‘political expediency’

Burden to reach 38% of GDP by end of parliament

A year after her last bombshell Budget, the chancellor is once again mired in political chaos. Could the fallout consume both her…