The Latest Breaking News from OBR

Budget watchdog warns of 23% increase in pump costs in March if the Government doesn't step in to keep fuel duty frozen

The Chancellor has been warned not to go ahead with any rise in fuel duty, but he's said today there has been no decision made and it is not Government policy

The Chancellor, who yesterday unveiled an Autumn Statement which experts warn will inflict years of pain on millions of Brits, said it will "take time" to remove barriers affecting trade with the EU

From the highest tax burden since the Second World War, to a £250 bombshell rise for council tax payers

UK Chancellor Jeremy Hunt has produced a highly political autumn statement that throws forward major cuts in public spending to after the next general election. The accompanying economic forecast by the government’s Office for Budget Responsibility (OBR) confirms that the country is facing a recession, with unemployment rising, inflation still…

A close look at Thursday's budget shows a string of details buried in the small print which affect everyone

Mr Hunt's statement outlined the government's response to the ongoing cost of living crisis

Jeremy Hunt insisted the UK would find a way to improve trading ties with the EU without rejoining the single market.

OBR documents have assumed the government will end the £65 billion fuel duty freeze

600,000 more people could also now face Universal Credit sanctions, there is a new tax for electric car owners and house prices will drop 9%

Watchdog shares grim outlook after Chancellor Jeremy Hunt outlines billions of pounds of stealth taxes and cuts