Topic
UK government policy on taxation, borrowing and spending, shaped by the Budget and the fiscal rules monitored by the Office for Budget Responsibility.
Chancellor John Healey has internally ruled out aligning capital gains tax with income tax before the 28 October Budget, the Financial Times reported. The Treasury has not confirmed it, so sellers can treat full alignment as unlikely this quarter while waiting for the Budget statement itself.
Reality
Kemi Badenoch says a Conservative government would end inheritance tax on family homes and let couples leave an extra £1m tax-free. For owner-operators planning succession, it stays an opposition promise until the party wins power and passes it into law.
Perspective Coverage
4 publishersReality
UK 30-year gilt yields hit their highest level since 1998 this week as a global bond sell-off deepened. Economists cited by the Guardian think about half of the £24bn fiscal buffer has already gone before John Healey's first budget on 28 October.
Reality
Shadow chancellor Andrew Griffith wants Natural England and the Environment Agency abolished in a package the Tories say cuts up to £50,000 off a new home. Until an election, firms still plan against the government's rules and its 28 October Budget.
Perspective Coverage
3 publishersReality
IMF tells governments to put temporary income support for low-income households ahead of tax cuts, price caps and subsidies. The advice comes weeks before a UK Budget whose room for broad relief the Iran war has already squeezed.
Reality
Capital Economics says Britain's housebuilding miss could cut £1.6bn from John Healey's fiscal headroom by erasing the OBR's planning-reform boost. Builders blame mortgage rates, and a loan scheme for buyers helps his Budget only if the OBR scores it as adding homes.
Reality