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The Latest Breaking News on OBR to ‘downgrade growth forecasts for every year of this parliament’

OBR to ‘downgrade growth forecasts for every year of this parliament’

The news will come as a major blow to the government, which has put economic growth at the centre of its plan for Britain

The Independent UK

Business secretary dismisses claim ‘shambolic’ pre-budget uncertainty has caused hit to growth – UK politics live

Peter Kyle defends government as Reeves faces criticism about pre-budget briefings ahead of Wednesday announcement

The Guardian - UK

What we know so far about Rachel Reeves’ budget and what to expect

Rachel Reeves needs to address a significant deficit in public funds

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Reeves to hit 100,000 high-value properties with mansion tax in Budget

The tax will reportedly apply to homes worth more than £2m and could raise up to £450m for the Treasury

The Independent UK

Budget 2025 latest: Rachel Reeves set to hit thousands of properties with new mansion tax

Chancellor to unveil series of measures in highly anticipated Budget on Wednesday

The Independent UK

Thousands of Londoners 'to be hit by new expensive homes tax surcharge' in Budget

The Chancellor will reportedly hit homeowners with properties worth more than £2million with a levy that could raise £400-£450 million

Evening Standard

Key economic data and trends that will shape Rachel Reeves’ Budget

Government borrowing for the current financial year is the highest on record outside the Covid-19 pandemic.

Evening Standard

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Reeves given stark Budget warning from business to avoid ‘death by a thousand taxes’

CBI director general Rain Newton-Smith will tell the chancellor that if her priority is growth, she needs to prove it or the country faces ‘Groundhog Day’

The Independent UK

Rachel Reeves prepares benefit fraud crackdown in Budget

The chancellor may raise taxes to bridge a multi-billion-pound spending gap

The Independent UK

Rachel Reeves to extend benefit fraud crackdown in Budget

It comes as she is expected to scrap the two-child benefit cap, in a move that could cost more than £3 billion.

Evening Standard

Government must make ‘hard choices and change course’, CBI boss to say

Rain Newton-Smith will tell ministers and business leaders that firms are worried the UK could ‘risk getting locked in a stop-start economy’.

The Independent UK

Warning 1.3m more people could pay higher income tax rate after Reeves Budget

Concerns over the impact of a ‘stealth tax’ have been highlighted as the chancellor confirms inflation busting rise in the state pension

The Independent UK

2.6 million people in London and South East to be hit by stealth income tax with Reeves Budget raid

The Chancellor is set to continue the income tax thresholds freeze, first introduced in 2022 by Rishi Sunak, until 2029/30

Evening Standard

Reeves to launch crackdown on benefit fraud alongside lifting two-child limit

Move aims to bring in extra £1.2bn of savings as government seeks to head off criticism over welfare spending

The Guardian - UK

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The Independent UK

After all the hype and confusion, Reeves’s Budget must deliver clarity, stability and direction

THE INDEPENDENT VIEW: Editorial: Britain deserves more than mixed messaging and policy drift. After weeks of premature proposals, the chancellor must deliver a Budget that provides the confidence and coherence so far lacking in both her stewardship and Labour’s broader economic direction

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