The Latest Breaking News from Budget

Chancellor faces accusations that her Budget hit economic growth with the £25 billion hike in National Insurance on employers

Labour told not to take money from flood defences and farm schemes in wake of inheritance tax raid in the Budget

The British Retail Consortium said 67 per cent of the finance bosses they asked said they would raise prices

THE INDEPENDENT VIEW: Editorial: As Rachel Reeves addresses the growing fiscal crisis in the House of Commons, there is a worrying sense that the work Labour did before the election to gain the confidence of business, attract investment and create jobs is being squandered in what will feel to many…

RACHEL Reeves has refused to rule out spending cuts – just a day after the Prime Minister declined to say whether Labour would take the axe to…

Labour chancellor Rachel Reeves also accused of undermining business confidence and trust with surprise national insurance hike in the Budget

No10 said Chancellor will remain until the next election as pressure mounts on her amid the economic problems facing Britain

COMMENT: The chancellor has only herself to blame for failing to give herself any escape routes from humiliation, writes John Rentoul

The Chancellor of the Exchequer vowed to stand firmly behind her fiscal plan when asked if she will need to rethink her economic strategy.