The Latest Breaking News from OBR

Spending on pensioners accounts for nearly half of the total welfare budget.

Ministers will be hoping two key changes will be enough to keep wavering MPs on side

Andrew Bailey says OBR projections – which the chancellor uses to calculate headroom – shouldn’t be ‘over-interpreted’

The Work and Pensions Secretary’s appearance at a Parliamentary Labour Party meeting came amid warnings from MPs about her welfare reforms’ impact.

Andy McDonald asked for further evidence on how many people will lose out on Personal Independence Payments (Pip) as a result of welfare reforms.

May figure second highest for month on record amid fears chancellor is struggling to keep within spending rules

Some of the UK’s most deprived areas stand to lose out the most, new data reveals

Downgrades by Treasury watchdog could force chancellor to raise taxes or cut spending at budget to meet fiscal rules

Rachel Reeves is increasing overall budgets after deep Tory cuts, but some departments face bigger spending cuts than others

Round-up of fact checks from the 2025 spending review compiled by Full Fact.

UK chancellor Rachel Reeves has delivered the government’s spending review, setting out its plans and priorities for the next three years. The aim of the review is of course to allocate spending over that time period – but this government is keen for economic growth and so has directed the…