The Chancellor is understood to have U-turned after improved forecasting from the Office for Budget Responsibility. Politics
Income tax levels in Scotland are set by Holyrood but spending decisions set by Reeves have a major impact on how much funding is available to the SNP Government. Economics
Dramatic U-turn ahead of Budget had sparked sell-off in UK government bond market Politics
Dramatic U-turn ahead of Budget had sparked sell-off in gilts and pound Politics
Chancellor Rachel Reeves makes a U-Turn on decision to increase income tax to fill 'fiscal black hole' spending gap as plan breaks Labour's manifesto pledge Economics
Chancellor reportedly set to abandon income tax hike plan amid fears move could anger voters Economics
Chancellor explores alternative ways to raise revenue to fill fiscal hole estimated at up to £30bn Economics
The UK’s independent fiscal watchdog has reportedly cut its productivity forecast, deepening the challenging facing the Chancellor. Events