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The Latest Breaking News from Office for Budget Responsibility

Jeremy Hunt's autumn statement key points: What it means for you

The chancellor said the UK Government has to make some "difficult decisions" to "balance the nation's books"

Wales Online

Jeremy Hunt clobbers ALL Brits with barrage of tax rises and cuts as UK in recession

Jeremy Hunt has announced tens of billions of pounds of cuts and stealth tax rises in the Autumn budget statement - from council tax and income tax to energy bills, minimum wage and the state pension and benefits

Daily Mirror

UK already in recession and GDP to fall by 1.4% in 2023, Jeremy Hunt says

Office for Budget Responsibility forecast that the UK economy will shrink further next year as Brits face rocketing inflation and cost-of-living crisis

Daily Mirror

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UK economy now in recession, Jeremy Hunt announces during Autumn Budget OLD

Office for Budget Responsibility says economy is shrinking again

The Independent UK

What time is Jeremy Hunt's autumn statement budget and what will he say

The Chancellor is expected to announce tax rises, service cuts, changes to benefits and pensions and changes to energy bills

Wales Online

Inflation: how to improve official predictions – by asking the public

The eagerly awaited autumn financial statement from UK prime minister Rishi Sunak and chancellor Jeremy Hunt includes a key ingredient: a report from the Office for Budget Responsibility (OBR) on the predicted overall effects of the government’s policies on the economy. This is something the Liz Truss government studiously avoided…

The Conversation

Rishi Sunak refuses to accept Brexit has damaged trade OLD

Trade secretary had dismissed predictions by Office for Budget Responsibility

The Independent UK

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Non-dom tax breaks being reviewed by the Treasury in effort to raise revenue

Officials are also looking at incorporating cut in tax-free allowance for dividends into autumn statement

The Guardian - UK

Suella Braverman referred to financial watchdog over 'insider trading' rules fear

Labour has asked the Financial Conduct Authority to investigate Suella Braverman's email leak after insiders said, in the wrong hands, it could have enabled 'insider trading'. There is no suggestion it was misused

Daily Mirror

Labour demand answers to Suella Braverman’s ‘growth visa’ leak reports

Rishi Sunak needs to clarify whether his home secretary’s security breach contained market sensitive data, Labour says

The Guardian - UK

PM eyes £50 billion tax hikes and spending cuts amid ‘massive fiscal black hole’

The figures won't be finalised until the latest forecasts from the Office for Budget Responsibility are received

Insider UK

New UK leader to face highest government debt in 60 years

British government debt rose to the highest level in almost 60 years last month and retail sales slumped

The Independent UK

Pound, shares and UK government bonds rally after most mini-budget tax cuts ditched – as it happened

Pound holds gains and gilt yields remain lower as new chancellor rips up Trussonomics, pushing tax take to 70-year high this parliament

The Guardian - UK

Jeremy Hunt welcomed by Tories as he tears up Liz Truss’s fiscal plan

There’s relief among Conservative MPs as the new chancellor seeks to bring stability back to government

The Guardian - UK

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Evening Standard

Downing Street distances itself from Jacob Rees-Mogg’s attack on Office for Budget Responsibility

Business Secretary questioned the accuracy of OBR’s forecasting claiming its record hasn’t been ‘enormously good’

The Independent UK

Liz Truss: After a torrid Tory conference, what next for the Prime Minister?

Here is what lies ahead for the under-fire Prime Minister over the next few weeks.

The Guardian - UK

Truss and Kwarteng warned not to stretch medium-term growth timeline

Concerns that fiscal plan may take longer to deliver than the traditional definition of three to five years

Wales Online

Government U-turns again on date of new fiscal plan

Shadow chancellor Rachel Reeves says the Government should 'get a grip'

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Evening Standard

‘We must stay the course with tax plan,’ Chancellor to say in crunch Tory conference speech

Kwasi Kwarteng will defend his planned tax cuts following criticism from Michael Gove

Daily Mirror

6 dramatic flashpoints facing new PM Liz Truss at chaotic Tory party conference

Once the darling of the Tory grassroots, the new Prime Minister heads into her party's annual conference in Birmingham facing mutinous mutterings from her own MPs

The Independent UK

Kwasi Kwarteng to keep expert OBR Budget verdict secret for nearly two months

Chancellor resists calls for ‘reset moment’ for economy despite OBR promising forecast next Friday

The Guardian - UK

Why OBR forecast is being held back until Kwarteng’s next fiscal plan

Huge policy changes are needed to get UK back on track – so early publication would give an incomplete picture

The Guardian - UK

The Guardian view on Tory shock therapy: the wrong medicine for the country

Editorial: Liz Truss’s policies have put the Tories behind Labour by 30 points. Without reversing course she will be in office but not in power

Evening Standard

The Leader podcast: Could Liz Truss OBR talks be a turning point?

The Prime Minister, Chancellor and the Office for Budget Responsibility have held crisis talks as concerns continue to grow about the economy.

Birmingham Post

The huge fallout from the mini-Budget has quelled its positive growth measures

Chancellor Kwasi Kwartang should have asked to independent Office for Budget Responsibility to assess the impact of his mini-Budget

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