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PM could cut tech tax as talks held over US deal

Nottingham Post

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March 25, 2025

SIR Keir Starmer and US President Donald Trump spoke about progress on an economic deal between the UK and US, amid reports that a tax on tech giants could be slashed as the Government eyes up cuts at the spring statement.

PM could cut tech tax as talks held over US deal

The Prime Minister spoke with the US president about the agreement on Sunday night, Sir Keir's official spokesman said.

Media reports have suggested Britain could slash the digital services tax - a levy on big tech companies in order to stave off American tariffs.

Reports that the tax could be slashed or abolished come as Chancellor Rachel Reeves is expected to announce spending cuts for some Government departments in her spring statement on Wednesday, after having made cuts to welfare which have proved unpopular with Labour backbenchers.

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