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The Latest Breaking News from George Osborne

Police to take no further action over Angela Rayner allegations – as it happened

No further action will be taken after a thorough investigation into Tory allegations, Greater Manchester Police say

The Guardian - UK

Business bosses desert Tories and defect to Labour

As Rishi Sunak faces an exodus of 76 Conservative MPs at the election, Labour welcomed the support of 121 business leaders

The Independent UK

Job ads aimed at the ‘benefits class’ may be well-meant, but smack of contempt

Attempts by cultural organisations to increase social diversity instead echo the Victorians’ demonisation of the ‘lower orders’

The Guardian - UK

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Sir Keir Starmer will struggle to win a Commons majority of more than 60, says Ed Balls

But the Good Morning Britain presenter believes the Labour leader will win a majority in the general election on July 4

Evening Standard

Rishi Sunak is holding out for a feelgood factor. It will only come once he’s gone

Lower inflation won’t help the Tories when everything still feels expensive and public services are on their knees, says Guardian columnist Rafael Behr

The Guardian - UK

British Museum says 626 items lost or stolen have been found

Museum chair George Osborne hails ‘remarkable result’ as recovery effort continues with leads on another 100

The Guardian - UK

The big steal: how do ancient treasures from museums end up for sale on the internet?

At least 2,000 items from the British Museum were reported missing, stolen or damaged last year, and it now faces a massive overhaul. But it’s not the only institution that finds it hard to keep hold of its collections – and when that happens, who do they call? Meet the…

The Guardian - UK

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George Osborne clashed with No 10 over selection of British Museum director

Museum chair rejected demand that Rishi Sunak be able to pick candidate from shortlist of two

The Guardian - UK

Have we reached peak political podcast?

We are, barring a huge upset, about to enter an era of boring government. Good news… unless you’re one of the never-ending procession of people commentating on it. Juliana Close wonders which ones will survive

Evening Standard

Ditching European trade for China and India was ever a poor bet. Now it’s a farce

Brexiters’ Asia hopes have foundered amid economic woes and hardline nationalism; it’s time to look at markets in our own backyard

The Guardian - UK

Michael Gove admits to ‘moral cowardice’ during Brexit campaign

Levelling up secretary says he should have been upfront with David Cameron about his role in leave campaign

The Guardian - UK

‘This hits the wrong people’: holiday let owners say Hunt’s scrapping of tax relief won’t affect rich

Wealthy second home owners who can afford to allow them to sit empty will carry on, say those with small holiday lettings

The Guardian - UK

London mayoral election: George Osborne says Susan Hall campaign feels abandoned by Tory HQ

Former Chancellor speaks out as Paul Scully joins in criticism of Tories’ London campaign video

Evening Standard

‘Our chances? Zero – and getting worse’: inside a Tory death spiral

Frank Hester, Lee Anderson, an unpopular budget … as the catalogue of Conservative disasters piles up, discipline seems to be breaking down, and any hope of election victory fading

The Guardian - UK

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The Guardian - UK

Immigration is good for tax receipts - and five other things we learned from the budget

Just one of the messages that may surprise fans of Britain’s chancellor

The Guardian - UK

Labour frontbencher makes bet on live TV that election will take place in May

Jonathan Ashworth agrees £10 bet with Sky News’s Kay Burley, and says winnings should be given to charity

The Guardian - UK

What are the UK’s ‘fiscal rules’ and why is the OBR under attack?

The Treasury watchdog is seen by some Tories as a block to tax cuts – and could be ignored by Jeremy Hunt

The Guardian - UK

Jeremy Hunt knows Brexit Britain can’t afford to cut taxes

The chancellor is prepared to inflict yet more austerity to pay for a budget bribe. But the UK needs more spending, not less

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The Guardian - UK

Toxic budgets: the UK chancellors who left a poisonous legacy

Before an election, chancellors often try to woo voters with tax cuts that leave the incoming government in a hole. Here are six ‘poison pill’ speeches

The Guardian - UK

The Conservatives’ economic record since 2010 in 10 charts

From a huge budget deficit to weak GDP and a record rise in tax, we look at the background to the Tory budget

The Guardian - UK

Fourteen years of Tory economics – ‘major mistakes’ and ‘crisis after crisis’

As the chancellor prepares next week’s budget, Labour says it is staring at a dire inheritance. The voters look likely to agree

The Guardian - UK

One simple change could restore faith in local democracy. But nobody is talking about it

If council tax was charged at 3% of disposable income, only the richest would pay more. Funny that it hasn’t been implemented, says Guardian columnist Aditya Chakrabortty

The Guardian - UK

Clare Lombardelli named deputy governor of Bank of England

Ex-Treasury official and adviser to David Cameron will replace Ben Broadbent, making MPC majority female for first time

The Guardian - UK

Labour in power faces dire economic inheritance, says Rachel Reeves

Shadow chancellor criticises Tory years of failure and says national mission is needed to kickstart economy

The Guardian - UK

Affordable housebuilding in London is set to collapse by 75%. That’s a problem wherever you live

A huge grant cut imposed by George Osborne in 2010 is hitting hardest in the capital but will soon be disastrous elsewhere, says the author Peter Apps

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