28 m. ago OBR chief Richard Hughes resigns amid growing chaos over Budget as PM defends Chancellor

Treasury minister James Murray told the Commons that the Government backs a ‘deeper forensic investigation’ into previous Office for Budget Responsibility (OBR) disclosures

Events

35 m. ago Lying Rachel finds her 'fall guy': OBR chief who exposed Chancellor's lies QUITS over shambolic leak of Budget 

In a letter to the Chancellor and the House of Commons' Treasury Committee on Monday, Mr Hughes said he was taking 'full responsibility' for the embarrassing error.

Politics

75 m. 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

1 hour ago OBR chief on the brink as minister suggests buck for Budget leak stops with him

Treasury minister James Murray told the Commons that the government would be considering the 'serious' findings of a report into the episode.

Politics

2 h. ago Nine things to know from Keir Starmer speech including Reeves defence and Brexit damage

Keir Starmer told audiences in London today that the Budget was a 'moment of personal pride' as he defended Chancellor Rachel Reeves as she comes under fire.

Events

3 h. ago Harbour Energy slashes ANOTHER 100 jobs as windfall tax bites

Oil and gas firm Harbour Energy is cutting another 100 North Sea jobs in the North Sea after the Chancellor refused to axe the windfall tax in the Budget.

Politics

4 h. ago John Swinney: Rachel Reeves 'untenable' as Chancellor after having 'very clearly' misled public

John Swinney has suggested Rachel Reeves’ future as Chancellor was “untenable”.

Politics

4 h. ago OBR chief could be forced to quit TODAY as Starmer swipes at 'serious error' after Budget leak and revelations over when it told Treasury there was no hole in public finances

Keir Starmer used a press conference to jibe at the 'significant error' over the Budget leak and question the judgment of the independent body.

Economics

4 h. ago Starmer says there was ‘no misleading’ by Chancellor ahead of Budget

Rachel Reeves has also reportedly been accused of misleading the Cabinet.

Politics

5 h. 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

5 h. ago POLL OF THE DAY: Keir Starmer claims there was 'no misleading' in Labour's Budget

Keir Starmer insisted the Chancellor did not mislead the public in the run up to the Budget, adding that at one point he too had thought they would need to breach election pledges to hike taxes.

Politics

5 h. ago What lies beneath: How Rachel Reeves and her Treasury warned of a Budget black hole to justify tax rises

There are calls for the Chancellor to quit after the Office for Budget Responsibility (OBR) watchdog revealed it had privately told her there was no huge black hole in the nation's books.

Events

6 h. ago We didn't mislead anyone, claims Starmer as he desperately defends Reeves's Budget lies... and she now admits Cabinet WASN'T shown true OBR figures

Keir Starmer is holding a press conference defending the Budget and begging Labour MPs to stick with his 'long term plan' amid recriminations at Rachel Reeves.

Politics

7 h. ago Will Reeves take revenge on OBR chief TODAY? Watchdog's fate hangs in balance with Budget leak report

Chancellor Rachel Reeves is expected to receive a report on the dramatic Budget leak that saw key documents made public nearly two hours early.

Economics

8 h. ago How can lying Rachel survive? PM to hold press conference TODAY defending Chancellor Reeves's lies as even ministers say they were 'kept in dark' about OBR's positive figures

Keir Starmer is holding a press conference defending the Budget and begging Labour MPs to stick with his 'long term plan' amid recriminations at Rachel Reeves.

Politics

24 h. ago More answers on extraordinary OBR Budget leak to be published soon

The investigation into the early release of Budget forecasts will report on Monday, the Chancellor has said

Politics

26 h. ago Starmer to defend Budget after Reeves accused of misleading public

Conservatives say chancellor exaggerated fiscal black hole to justify tax rises

Politics

29 h. ago Reeves refuses to guarantee OBR chief's job amid Treasury fury at Budget leak and letter detailing when Chancellor was told there was no hole in the public finances

Rachel Reeves offered only lukewarm support for Richard Hughes amid Treasury anger at the Budget leak and revelations about the forecast timetable.

Economics

30 h. ago Better off on benefits under Labour: Salary of £71,000 needed to match handouts haul for bigger families after two

Calculations from the Centre for Social Justice have laid bare the impact of Labour's decision to axe the two-child cap.

Economics

30 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