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The Latest Breaking News from OBR

Why Rachel Reeves chose a ‘smorgasbord’ of tax tweaks – and the risks involved in that approach

Chancellor Rachel Reeves has delivered her second budget, in which she raised taxes by £26 billion. This will take the UK tax burden to an all-time high of 38% of GDP by 2030-31. But it will also more than double Reeves’ “fiscal headroom” to £22 billion.

The Conversation

Starmer says there was ‘no misleading’ by Chancellor ahead of Budget

Rachel Reeves has also reportedly been accused of misleading the Cabinet.

Evening Standard

Starmer raises pressure on head of OBR by saying budget leak was ‘serious error’

PM says he is ‘very supportive’ of spending watchdog but breach was a ‘massive discourtesy’ to parliament

The Guardian - UK

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Did Rachel Reeves lie to justify her £26billion Budget tax raid?

The Chancellor is facing calls to resign over misleading the public and Cabinet minister over the state of Britain’s finances

Evening Standard

UK leader Keir Starmer backs his Treasury chief over claims she misled the public about the economy

British Prime Minister Keir Starmer has defended his Treasury chief Rachel Reeves against claims she misled the public about government finances before last week's tax-hiking budget

The Independent UK

Cabinet minister insists Reeves has ‘full support’ on Budget

Rachel Reeves has been forced to defend herself against claims she misled voters by talking up the scale of the fiscal challenge ahead of the Budget.

Evening Standard

UK politics: OBR chief resigns, saying budget leak was ‘technical but serious’ error – as it happened

Richard Hughes says he is stepping down in order to restore confidence in organisation

The Guardian - UK

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Budget 'lies' storm: Starmer grilled on whether Reeves misled public and Cabinet over nation's finances

The row threatens to overshadow the Prime Minister’s attempts to get people to focus on the ‘substance’ of the Government’s spending and reform plans

Evening Standard

Starmer leads fightback as budget row rumbles on for Reeves

The prime minister is keen to change the conversation after the Tories called his chancellor’s ethics into question

The Guardian - UK

Labour’s economic plan will take years to deliver, Keir Starmer says

Exclusive: PM hits back at critics as he insists Rachel Reeves right to impose £26bn worth of tax rises at budget

The Guardian - UK

Rachel Reeves denies lying about Budget black hole to justify £26bn tax hikes

Calls for investigation into accusation Labour chancellor misled the public

The Independent UK

Rachel Reeves denies lying to public in run-up to budget

Chancellor accused of misleading public about reasons for tax rises, with opposition politicians calling for her resignation

The Guardian - UK

Reeves fights for political survival amid claims she misled public on Budget

The Chancellor insisted she was ‘honest and frank’ about the public finances after opposition figures accused her of exaggerating the scale of the Budget’s black hole

Evening Standard

Rachel Reeves hits back at claims she misled public on Budget headroom

Both the Conservative party and the SNP have written to the Financial Conduct Authority asking for an investigation into The Chancellor’s comments

Evening Standard

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The Independent UK

Rachel Reeves denies lying about Budget black hole to justify tax hikes – UK politics live

Rachel Reeves denies breaking Labour manifesto pledge not to raise taxes – but admits she is asking people to pay more

Evening Standard

Starmer stands by Reeves as claims grow she misled public on finances

Downing Street says Reeves’ remarks were ‘entirely accurate’ as pressure grows over claims she misled voters

Evening Standard

Starmer to back Budget amid row over Reeves’ deficit claims

Opposition figures have called for the City watchdog to investigate pre-Budget briefings about the fiscal shortfall.

The Independent UK

Keir Starmer to back Rachel Reeves’ Budget amid row over deficit claims

Sir Keir will use a speech to support the decisions taken by Ms Reeves in the Budget

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Evening Standard

Rachel Reeves faces calls to quit after watchdog contradicts her £30bn ‘black hole’ warning

The Chancellor faces cross-party anger after revelations that the UK’s supposed £30bn fiscal gap was actually just £2.5bn, fuelling claims she misled voters to justify tax rises

The Independent UK

Reeves defends £26bn tax raid after Budget backlash as watchdog urged to investigate ‘false briefings’

The chancellor doubled down on her tax hikes, saying she wasn’t willing to cut public services

Evening Standard

Reeves defends Budget tax and spending choices as ‘fair and necessary’

The Chancellor she had made choices to increase taxes and improve public infrastructure, and had ‘chosen to protect public spending’.

Evening Standard

No 10 denies Reeves 'lied to public about £21bn black hole' before budget

Conservative leader Kemi Badenoch claimed the Chancellor ‘lied to the public’ and was ‘bribing Labour MPs to save her own skin’

The Independent UK

Reeves accused of misleading public on Budget black hole to justify £26bn tax raid

Badenoch claims chancellor ‘lied to the public’ and was ‘bribing Labour MPs to save her own skin’

Evening Standard

No 10 denies Reeves misled public over the UK's finances ahead of Budget

Conservative leader Kemi Badenoch claimed the Chancellor had ‘lied to the public’ and should be sacked

The Independent UK

No 10 denies Reeves misled over black hole as OBR letter challenges warnings

The Chancellor was told in October by the Budget watchdog that her spending plans would no longer incur a black hole.

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