Former government economist Jonathan Portes told The Independent changes to inheritance tax would not raise enough to plug the UK’s multi-billion-pound fiscal shortfall

The Chancellor is said to be looking at tightening rules on gifting of money and assets before someone passes away to address an estimated £50billion spending hole at the next…

Reeves considers cap on value of gifts that can be passed on before death as she searches for ways to plug Budget black hole

Labour’s own pledges prevent the Chancellor from balancing the books