The Latest Breaking News from OBR

Budgets need to be reassuringly dull with no repeat of this year’s long, drawn-out and chaotic buildup

From the outside, the run-up to Rachel Reeves’s announcement has looked chaotic, and many see the future of the chancellor and PM in the balance

The issue of how motoring taxes should change as we decarbonise the economy has been dodged for too long. Car salesmen need to get real

The former chancellor described the government as ‘constrained by its promise’ after Labour’s general election manifesto pledged to not increase VAT, national insurance or income tax

The chancellor is levelling with us about the pain to come. Is there anyone outside Planet Rachel who couldn’t see that truth two years ago, asks Guardian columnist Marina Hyde

The UK chancellor, Rachel Reeves, has made it clear that taxes will go up, and more cuts to welfare spending are on the horizon. The moves will be deeply unpopular and controversial – but in an extraordinary press conference ahead of the UK budget on November 26, Reeves made it…

Speech attempts to take back narrative with talk of ‘years of economic mismanagement’, Brexit and tariffs

The chancellor might need to break manifesto pledges and a 50-year taboo, but she has a chance to steer UK finances back on track, says Ruth Curtice of the Resolution Foundation

Poor output since the leave vote has landed Rachel Reeves with a bigger-than-forecast budget spending gap