OBR warns Reeves’s budget still leaves public finances in ‘vulnerable’ position

Rachel Reeves’s budget ‘still leaves the UK public finances relatively vulnerable to future shocks’, said the OBR. Photograph: James Veysey/Shutterstock

The Treasury’s independent forecaster has warned that Rachel Reeves’s tax-raising budget will still leave the public finances in a “vulnerable” position despite her more than doubling the UK’s financial buffer.