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Autumn statement: Chancellor raises the tax pain threshold to fill black hole

Centrica and Drax shares jump as windfall tax on electricity generators shrugged off Lloyds Banking Group rises as surcharge on bank profits is cut to 3%. ....

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Government scraps plan to repeal IR35 tax reforms

Kwasi Kwarteng said last month that the system would return to its original rules from April 2023, requiring independent contractors to calculate their own taxes ....

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Gasps in Commons as Liz Truss rules out public spending cuts

LIZ TRUSS has ruled out any reduction in public spending, prompting speculation of a u-turn on the £43 billion worth of unfunded tax cuts announced… ....

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Will Liz Truss' 45p Tax U-Turn Make Any Difference To Markets? Experts Say It Won't

Abandoning the controversial policy may calm the political waters, but not the markets which remain spooked by the remaining tax-cutting pledges. ....

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FTSE 100 off worst levels for the day

FTSE 100 off worst levels for the day
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