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The Independent UK
The Independent UK
David Maddox,Millie Cooke,Kate Devlin and Caitlin Doherty

Chancellor warned of crisis before make-or-break Budget

Rachel Reeves OBR Britain Economic Growth Budget

Rachel Reeves’s Budget has been plunged into another crisis just as she prepares to unveil it, with reports that efforts to kickstart the economy with growth have stalled.

The chancellor is set to deliver her second Budget on Wednesday, but Britain’s leading economic watchdog, the Office for Budget Responsibility (OBR), has reportedly downgraded its forecasts for economic growth until 2029.

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