The Latest Breaking News from Rachel Reeves

Martin Lewis has revealed whether he thinks Rachel Reeves broke Labour's manifesto pledge on tax.

Damning assessment came as chancellor and prime minister forced to defend plans and insist they did not breach manifesto promises

Cap on inheritance tax paid by their offshore trusts will only help those worth more than £83m, say experts

By freezing the threshold, more graduates will be pushed into repayment as wage growth increases their salaries

Saving expert suggested 'guidance' for young savers instead of limit

Once again the capital did not get a single mention in the Chancellor’s speech

Labour MPs welcome scrapping of two-child benefit cap but worry about hefty future tax increases on constituents

The move follows increasing anger from customers and consumer groups over rising mobile and broadband tariffs.

Rachel Reeves’s budget was seen as a “make or break” moment for the chancellor and the government, which is suffering from low approval ratings and rapidly fading public confidence. At the same time, threats of a leadership challenge and the impending May elections mean Keir Starmer has a tricky path…