The Latest Breaking News from OBR

Tory Chancellor Jeremy Hunt unveiled his 2023 Budget with boosts for childcare, energy bills and a freeze on fuel duty. But the small print reveals Brits will see the biggest two-year decline in living standards since the 1950s. Here's what you need to know.

Finance minister Jeremy Hunt unveils measures aimed at boosting workforce as strikers demand better wages, conditions.

From cooling inflation to easing staff shortages, we look at the factors behind the chancellor’s spending choices

Ahead of the Budget, Pat McFadden, Labour’s Shadow Chief Secretary to the Treasury has called for officials to routinely publish data on the financial impact of failing to take action to hit net zero targets

Nearly a million workers in London and the South-East are facing a tax “hammer blow” as more people are sucked into paying the higher rate of tax.

The Spring Budget will have a direct effect on the UK's economy

Why Labour’s ‘RR’, Rachel Reeves, and her classy economic model are winning over big business, by Simon Walters

The Guardian’s deputy political editor and economics correspondent take a look

It is a truth acknowledged by everyone who is not Liz Truss that her defence of a firefly era as prime minister has more flaws than selling points. Her essay in the Sunday Telegraph and a spirited interview by Spectator editors last night yield the conclusion that Truss blames systemic…