7 d. ago Resign over Budget briefing chaos, Reeves urged as she orders leak inquiry at the Treasury

Chancellor Rachel Reeves has been urged to resign over the chaos in the run up to her financial statement

Events

1 week ago EasyJet launches new UK route to city that's home to world's favourite dish

The budget airline has announced a new route from Liverpool to a city that's home to the world's favourite dish - and it's perfect for a quick or long winter sun getaway

Politics

2 w. ago OBR chairman resigns after damning report into leak of Reeves’ Budget

The report said the leak was ‘the worst failure in the 15-year history of the OBR’

Politics

2 w. 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

2 w. ago OBR says inadvertent budget leak is ‘worst failure’ in its 15

Investigation finds organisation’s leadership over many years was to blame for error, and similar breach happened earlier this yearPolitics live –latest updatesBritain’s budget watchdog has said the early leak of its budget documents before Rachel Reeves made her speech was the “worst failure” in its 15-year history as it emerged a similar breach had occurred earlier this year.The Office for Budget Responsibility (OBR) said an investigation had found that the leadership of the organisation, over many years, was to blame for the early release of its Economic and Fiscal Outlook (EFO) document online nearly an hour before Reeves’s address last Wednesday. Continue reading...

Events

2 w. ago Watch: Keir Starmer defends Budget after claims Rachel Reeves misled public over tax hikes

Watch as Sir Keir Starmer defends Rachel Reeves after she has come under heavy criticism following last week’s Budget.

Economics

2 w. ago Rachel Reeves urged to quit over Budget 'lying' as Keir Starmer denies misleading voters

Keir Starmer backed his Chancellor over claims she knew about a rosier economic outlook when she made a gloomy speech about the Budget.

Politics

2 w. ago Watch live: Keir Starmer defends Budget after claims Rachel Reeves misled public over tax hikes

Watch live as Sir Keir Starmer defends Rachel Reeves after she has come under heavy criticism following last week’s Budget.

Economics

2 w. ago Starmer to back embattled Rachel Reeves as he launches defence of Budget tax hikes – UK politics live

Chancellor Rachel Reeves declared on Sunday that she was ‘determined’ to remain in her position for years

Politics

2 w. ago Australia tracking Chinese navy flotilla in Philippine Sea as Marles announces major defence overhaul

Biggest changes to defence bureaucracy since the 1970s aim to tackle budget and timeline blowouts, government saysFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe Albanese government has announced a major overhaul of the defence department, aimed at tackling budget and timeline blowouts, on the same day it confirmed Australia was tracking a Chinese navy flotilla in the Philippine Sea.In the biggest changes to the defence bureaucracy in Australia since the mid-1970s, Labor will merge three agencies - the capability acquisition and sustainment group, the guided weapons and explosive ordinance group and the naval shipbuilding and sustainment group. Continue reading...

Politics

2 w. ago Nigel Farage says Rachel Reeves must face sleaze probe over Budget lies: Ethics watchdog urged to act as PM is dragged into scandal

The Reform UK leader said Ms Reeves' conduct in the run-up to last week's Budget was of 'grave concern'.

Politics

2 w. ago Sultana attacks the monarchy, Israel and ‘pathetic’ Labour in Your Party speech – UK politics live

MP speaks to delegates in Liverpool after boycotting conference yesterdayKemi Badenoch has reiterated her calls for the chancellor to resign on the BBC’s Sunday with Laura Kuenssberg programme, after accusing Rachel Reeves of breaking promises not to raise taxes.In this year’s budget, Reeves froze tax thresholds for three years longer than previously planned, meaning that as wages rise more people will have to start paying income tax.The chancellor called an emergency press conference telling everyone about how terrible the state of the finances were and now we have seen that the OBR had told her the complete opposite. She was raising taxes to pay for welfare.The only thing that was unfunded was the welfare payments which she has made and she’s doing it on the backs of a lot of people out there who are working very hard and getting poorer. And because of that, I believe she should resign.The shadow chancellor, Mel Stride, has written to the FCA (the Financial Conduct Authority). Hop...

Politics

2 w. ago Sultana addresses Your Party conference after securing ‘collective leadership’ victory – UK politics live

MP speaks to delegates in Liverpool after boycotting conference yesterdayKemi Badenoch has reiterated her calls for the chancellor to resign on the BBC’s Sunday with Laura Kuenssberg programme, after accusing Rachel Reeves of breaking promises not to raise taxes.In this year’s budget, Reeves froze tax thresholds for three years longer than previously planned, meaning that as wages rise more people will have to start paying income tax.The chancellor called an emergency press conference telling everyone about how terrible the state of the finances were and now we have seen that the OBR had told her the complete opposite. She was raising taxes to pay for welfare.The only thing that was unfunded was the welfare payments which she has made and she’s doing it on the backs of a lot of people out there who are working very hard and getting poorer. And because of that, I believe she should resign.The shadow chancellor, Mel Stride, has written to the FCA (the Financial Conduct Authority). Hop...

Politics

2 w. ago Rachel Reeves denies lying about Budget black hole to justify tax hikes – UK politics live

Rachel Reeves denies breaking Labour manifesto pledge not to raise taxes – but admits she is asking people to pay more

Politics

2 w. ago Rachel Reeves accused of misleading voters over £20bn Budget black hole – live updates

The fiscal watchdog said the chancellor knew about its revised prediction well before she changed course to raise taxes

Economics

2 w. ago Rachel Reeves accused of ‘misleading’ UK over £20bn Budget black hole – live updates

The fiscal watchdog said the chancellor knew about its revised prediction well before she changed course to raise taxes

Economics

2 w. ago LIVE NOW: Finance guru Simon Lambert answers your Budget questions in our video Q&A

Simon Lambert will be answering all of YOUR questions at 4pm. Enter your questions in the comment section.

Economics

2 w. ago The expert guide to protecting your pension, property and savings from Labour's grasp

Simon Lambert will be answering all of YOUR questions at 4pm. Enter your questions in the comment section.

Economics

2 w. ago Budget 2025 live: IFS warn Rachel Reeves she is ‘disincentivising growth’ after Starmer defends tax rises

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

Events

2 w. ago The expert guide to protecting your pension, retirement, property and savings from Labour's grasp. This Is Money's Simon Lambert answers your Budget questions in our LIVE Q&A

Simon Lambert will be answering all of YOUR questions at 4pm. Enter your questions in the comment section.

Economics