- OBR apologises for publishing fiscal outlook early
- Two-child benefit cap limit scrapped at cost of £3bn
- £2,000 cap for salary-sacrifice pension contributions from April 2029
- 3p a mile tax on drivers of battery electric cars from April 2028
The UK’s economy will grow more slowly than predicted over the next four years, according to a forecast that was published early in a Budget blunder.
The Office for Budget Responsibility (OBR) forecast gross domestic product would grow by 1.5% this year, an increase from its earlier 1% forecast.