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    Budget 2025: Why is Rachel Reeves scrapping the two-child benefit cap and how much will it cost?

    Labour is set to announce an end to the two-child benefit cap at Wednesday’s Budget, following months of intense pressure from backbenchers, campaign groups and political opponents.Ahead of the fiscal event on 26 November, government insiders have told The Independent that the chancellor will scrap the controversial policy in a bid to appease discontented MPs and boost ailing poll results.Rachel Reeves hinted earlier this month that Labour could abolish the controversial policy, saying she does not think it is right that children are “penalised” for being part of large families.Speaking on BBC Radio 5Live, the chancellor said it was important not to let the “costs to our economy in allowing child poverty to go unchecked”. She added: “In the end, a child should not be penalised because their parents don’t have very much money.”Rachel Reeves said it was important not to let the ‘costs to our economy in allowing child poverty to go unchecked’ More

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    Starmer forced to apologise to teacher after encouraging pupils to take part in banned ‘6-7’ viral trend

    Sir Keir Starmer was forced to apologise to a teacher after encouraging pupils to take part in the viral “6-7” trend during a visit to a school in Peterborough.The prime minister was reading with pupils at Welland Academy on Monday, as part of a visit to discuss the importance of free school meals, when one pupil pointed out they were on page 67. Sir Keir then made the hand gesture that accompanies the reference, with many students quickly joining in.The term “6-7” is a nonsensical expression often blurted out when “six” and “seven” are mentioned together, with one person saying “six” and others responding “seven.” It also comes with an accompanying “juggling” hand gesture.The prime minister participated in the viral ‘6-7’ trend complete with ‘juggling’ hand gesture More

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    The taxes Rachel Reeves could raise at the Budget tomorrow

    Months of political speculation will come to an end on Wednesday as Rachel Reeves delivers her long-awaited autumn Budget. Myriad tax rises and spending cuts have been floated, some on firmer authority than others, leaving millions of Britons waiting to find out how they will be affected.Many economists predict that substantial tax rises can be expected in the Budget, as Ms Reeves looks to counteract the country’s ailing economic performance.Researchers from the Institute for Fiscal Studies (IFS) have found that the chancellor will need to find at least £22bn to make up a shortfall in the government’s finances, as rising borrowing costs and weak growth forecasts drastically reduce her room for manoeuvre.Speaking from Downing Street earlier in November, Ms Reeves said: “Politicians of recent years have become addicted to shelling out for short-term sticking-plaster solutions rather than making long-term economic plans.”Adding further fuel to speculation is the seeming reluctance from No 10 to recommit to Labour’s manifesto pledges not to raise the headline rates of VAT or national insurance contributions.Chancellor Rachel Reeves will oversee Labour’s second Budget on 26 November More

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    Budget 2025: Join live Q&A with Gabriel Nussbaum as he tackles everything from taxes to savings

    Welcome to an exclusive Ask Me Anything session with me, personal finance expert Gabriel Nussbaum.The 2025 Budget is set to affect everything from ISA limits and National Insurance to pensions, property, and savings. With inflation still high and an estimated £30bn fiscal shortfall, the government is under pressure, and homeowners, savers, and investors alike could feel the impact.As Rachel Reeves reveals the full contents of her Budget on November 26, I’ll be poring over the details to make sense of it all for readers.No question is too big or too small – I can explain what any of the myriad of changes will mean for your money, including when they will take effect and how you can plan once details are known.My aim is to make finance clear, practical, and – dare I say – a little less intimidating.So, if you have a question for me, submit it now, or join me live on Thursday 27 November from 1–2pm for the Ask Me Anything event below. Register or log in to submit your question. Don’t worry if you can’t see your question immediately – some may be hidden until I join the conversation to answer them. More

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    Ofcom boss: I limit my use of social media amid fears of online abuse

    The head of the internet and communications watchdog has said she limits her own use of social media amid concerns over abuse, as she defended Ofcom’s role in ensuring safety online.The regulator has urged technology firms to “step up” in their efforts to tackle trolling and toxic online abuse in new guidance – but some organisations working to protect women and girls have complained it might not work unless it is made mandatory.Ofcom said women in sport, politics and other public arenas are facing “significant and widespread abuse online every day” and its boss, Dame Melanie Dawes, has admitted she limits her personal use of social media for that reason.In guidance published on Tuesday, the regulator set out the ways a range of providers including social media platforms, dating, gaming and pornography sites can help improve the status quo, urging them to take more responsibility for protecting users online.The guidance, which Ofcom said goes beyond legal duties under the Online Safety Act, includes encouraging firms to bring in prompts asking users to reconsider before posting harmful content; imposing “timeouts” for users who repeatedly target victims; limiting the number of comments or posts a person can make on one account to help prevent mass posting of abuse in so-called pile-ons; and allowing users to quickly block or mute multiple accounts at once.It also recommends introducing more sophisticated tools for users to make it easier for victims to report abuse as well as simplifying the ability to set accounts to private.Another recommendation is for firms to use automated technology known as “hash-matching” to detect and remove non-consensual intimate images.Technology Secretary Liz Kendall said she welcomed the Ofcom guidance and added: “Now it’s time for platforms to take responsibility and use every lever to protect women and girls online.”But as the guidance is not enforceable, a number of organisations working to protect women and girls online have said there is too much reliance on tech firms choosing to implement it.Internet Matters, domestic abuse charity Refuge and children’s charity Plan International UK have all called on the Government to make the guidance mandatory.Refuge said it is “a welcome step towards addressing misogyny and domestic abuse in digital spaces, but meaningful protection for women and girls will depend on tech companies fully engaging with this voluntary guidance and putting it into practice”.Plan International UK said the guidance must become a “legally binding code”, adding: “Without the power to enforce penalties on companies that fail to act, Ofcom is limited to naming and shaming platforms — and girls deserve more than that”.Echoing this, online safety organisation Internet Matters said platforms should be required to implement the measures outlined in the guidance “rather than making it a choice”.Dame Melanie has insisted Ofcom is “making progress” around online safety, highlighting the introduction of age checks across the pornography industry this summer as a “huge step forward that no other country has achieved”.“Ofcom is getting on with the job,” she told BBC Breakfast.“Things are changing out there. I just don’t agree that we’re not making progress. I have more hope than that to be honest.”She acknowledged it is “an industry that’s not been regulated for 20 years” and told of her own personal experiences.She told BBC Breakfast: “I limit my use of social media because I know that in the position I’m in I would get a lot of abuse, and I’ve had that in the past.“I think there are many women who feel the same way.”But she insisted Parliament has been more ambitious than other countries when passing the Online Safety Act, adding “and in the regulator, at Ofcom, you have an organisation that is determined to see it through, and is acting”.Ofcom has said it will publish a report in summer 2027, setting out progress companies have made.But it added: “If their action falls short, we will consider making formal recommendations to Government on where the Online Safety Act may need to be strengthened.”Ms Kendall said: “Tech companies have the ability and the technical tools to block and delete online misogyny. If they fail to act, they’re not just bystanders, they’re complicit in creating spaces where sexism festers and a society where abuse against women and girls becomes normalised.”Earlier this year, Sport England chairman Chris Boardman wrote to Ofcom to raise concerns over the online abuse directed against the England Women’s team during Euro 2025.Meanwhile, Parliament’s youngest female MP Rosie Wrighting has previously spoken of several insults directed at her, such as “Barbie” and “stupid girl”, and said there have been “many great women” who have not gone into politics because of online abuse and safety concerns. More

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    Rachel Reeves ‘right’ about misogyny in politics, says James Cleverly

    Rachel Reeves is “right” about misogyny in politics, James Cleverly said while discussing the “abuse” he has seen his female colleagues endure.Ahead of her Budget announcement, the chancellor told Labour MPs: “I don’t think even I had recognised the misogyny that still exists in public life.”Speaking to Times Radio on Tuesday (25 November), the former home secretary said he agreed with Ms Reeves’ observation, stating that “women, without a shadow of a doubt, get it a lot worse in politics”.He said that he used to think he “got it bad” but stories he has heard from female politicians makes “the abuse I’ve received in my career pale in comparison”. More

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    Rachel Reeves urges Labour MPs to back her Budget as she vows not to let critics ‘beat me’

    Rachel Reeves has insisted that she will not let her critics “beat me” as she urged Labour MPs to unite behind her make-of-break Budget. The chancellor looked to rally the Labour troops on Monday night, vowing that she’ll still be chancellor in two years’ time if they back her plans for the economy and stick together as a party. She is said to have told them: “I’ll show the media, I’ll show the Tories. I will not let them beat me. I’ll be there on Wednesday, I’ll be there next year and I’ll be back the year after that.” The chancellor also hit out at “armchair” critics who had questioned her ability to do the job. “I don’t think even I had recognised the misogyny that still exists in public life,” she is reported to said. Read our live Budget updates HEREPrime Minister Sir Keir Starmer and Chancellor Rachel Reeves are facing an economy of slowing growth and rising unemployment, though a spike in inflation may have peaked (Stefan Rousseau/PA) More

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    Brexit costing UK up to £90bn in lost tax revenue a year, new analysis shows

    Brexit is costing the UK up to £90bn a year in lost tax revenues, a new analysis shows just days before Rachel Reeves prepares to hike levies in her make-or-break Budget. The average Briton is also thousands of pounds worse off, leading to calls for ministers to “fix our broken relationship with Europe”.As Ms Reeves sets out her Budget on Wednesday, the government’s official watchdog is also expected to confirm that leaving the European Union has been even more disastrous than previously thought. Brexit has cost the UK economy billions More