6 h. ago Budget crisis engulfs Rachel Reeves as OBR watchdog slams Treasury briefings

The leading economists also predict that interest rates will fall from 4% to 3.5% by the second quarter of 2026

Events

6 h. ago Budget crisis grows for Rachel Reeves as watchdog slams briefings

The leading economists also predict that interest rates will fall from 4% to 3.5% by the second quarter of 2026

Events

8 h. ago Reeves tax rises to hit UK economic growth, warns OECD as Cabinet meets after Budget bust

The leading economists also predict that interest rates will fall from 4% to 3.5% by the second quarter of 2026

Events

23 h. ago OBR chair quits after inquiry into early release of budget document

Richard Hughes takes ‘full responsibility’ for watchdog error as Starmer attempts to secure chancellor’s positionThe chair of the Office for Budget Responsibility has resigned after a damning internal inquiry into the leak that threw Rachel Reeves’s budget into chaos described it as the “worst failure” in the institution’s history.The departure of Richard Hughes, who said he took “full responsibility” for the watchdog’s failure to handle sensitive information, dragged the rolling recriminations over the budget into a fifth day. Continue reading...

Economics

24 h. ago OBR boss quits after Budget was leaked minutes before Rachel Reeves delivered it

Richard Hughes resigned as chairman of the Office for Budget Responsibility following the massive blunder minutes before the Chancellor's Budget speech last month

Economics

26 h. ago OBR chair quits after inquiry into early release of Reeves’s budget

Richard Hughes departs after investigation into how official forecaster accidentally published budget 40 minutes earlyRichard Hughes, the chair of the Office for Budget Responsibility, has quit after the findings of an urgent inquiry by the watchdog into how it inadvertently published Rachel Reeves’s budget 40 minutes early.Hughes wrote to the chancellor and to Meg Hillier, the chair of the Treasury select committee, last week to apologise after the OBR uploaded its documents setting out the details of the budget before Reeves began to speak on Wednesday. Continue reading...

Economics

26 h. ago OBR must ‘change completely’ how sensitive reports published after Budget leak

A review of the watchdog’s processes for publishing has been recommended.

Politics

28 h. ago OBR must ‘change completely’ how it publishes sensitive reports after Budget leak

A review of the watchdog’s processes for publishing has been recommended.

Politics

48 h. ago Rachel Reeves hits back at claims she misled public on Budget headroom

Both the Conservative party and the SNP have written to the Financial Conduct Authority asking for an investigation into The Chancellor’s comments

Events

55 h. ago Rachel Reeves defends Budget comments amid row over headroom

The Chancellor also defended her decision to abolish the two-child benefit cap.

Politics

4 d. ago No 10 denies Reeves misled public over the UK's finances ahead of Budget

Conservative leader Kemi Badenoch claimed the Chancellor had ‘lied to the public’ and should be sacked

Economics

4 d. ago Rachel Reeves 'lied to Brits about £21bn black hole to justify Benefits Street tax raid on workers'

Chancellor Rachel Reeves delivered a series of extraordinary grim warnings about the state of the government's books in the run-up to the Budget.

Economics

4 d. ago Rachel Reeves accused of 'lying' as OBR watchdog reveals she was told MONTHS before Budget there was NO hole in the public finances... but still talked up misery to cover brutal tax hikes

Chancellor Rachel Reeves delivered a series of extraordinary grim warnings about the state of the government's books in the run-up to the Budget.

Economics

4 d. ago No 10 denies Reeves misled over black hole as OBR letter challenges warnings

The Chancellor was told in October by the Budget watchdog that her spending plans would no longer incur a black hole.

Events

5 d. ago OBR boss says he will RESIGN if he loses Chancellor's confidence over Budget leak fiasco

Richard Hughes said he was 'personally mortified' after the OBR's Budget assessment was made public before Rachel Reeves addressed the Commons.

Economics

5 d. ago Budget 2025 live: OBR chief warns Rachel Reeves none of her measures boost growth as chancellor defends tax rises

Reeves admits Budget will mean working people will have to ‘contribute a bit more’ - but denies breaking manifesto pledge

Events

5 d. ago 'External person' may have accessed leaked Budget document link, says under

OBR chairman Richard Hughes tells Radio 4’s Today: ‘It appears there was a link that someone was able to access - an external person’

Politics

5 d. ago 'You won't write my obituary,' under fire Reeves hits back at critics of her tax and benefits Budget

The Chancellor’s statement put Britain on course for a record tax burden as she hikes levies

Events

5 d. ago Rachel Reeves faces grilling over her 'spend now, pay later' Budget hitting millions with £26bn more in taxes

The Chancellor’s statement put Britain on course for a record tax burden as she hikes levies

Economics

5 d. ago Autumn Budget 2025 recap: OBR boss apologises and promises probe after 'deeply disappointing' technical error saw Budget leaked early 

Follow the Daily Mail's recap as Rachel Reeves delivered her budget after the OBR apologised for 'deeply disappointing' error over Budget leak.

Economics