The Latest Breaking News from Budget

Budget crisis engulfs Rachel Reeves as OBR watchdog slams Treasury briefings

The leading economists also predict that interest rates will fall from 4% to 3.5% by the second quarter of 2026

Evening Standard · Dec 2, 2025

Government drafts in new violence against women and girls adviser amid fears it will miss its target

Exclusive: Labour MP Jess Asato has been drafted in to lead a major overhaul of the NHS’s response to violence against women and girls – just days after Refuge branded the chancellor’s Budget a ‘profound disappointment’ to survivors

The Independent UK · Dec 2, 2025

UK Government was ‘digging its own black hole’ before Budget, says Flynn

The Chancellor has been accused of misleading the public ahead of the Budget.

Evening Standard · Dec 2, 2025

OBR chief Richard Hughes resigns amid growing chaos over Budget as PM defends Chancellor

Treasury minister James Murray told the Commons that the Government backs a ‘deeper forensic investigation’ into previous Office for Budget Responsibility (OBR) disclosures

Evening Standard · Dec 1, 2025

Starmer says there was ‘no misleading’ by Chancellor ahead of Budget

Rachel Reeves has also reportedly been accused of misleading the Cabinet.

Evening Standard · Dec 1, 2025

Did Rachel Reeves lie to justify her £26billion Budget tax raid?

The Chancellor is facing calls to resign over misleading the public and Cabinet minister over the state of Britain’s finances

Evening Standard · Dec 1, 2025

Best savings accounts before interest rates are cut pre-Christmas

Make sure your cash is working hard for you and earning interest

The Independent UK · Dec 1, 2025

UK leader Keir Starmer backs his Treasury chief over claims she misled the public about the economy

British Prime Minister Keir Starmer has defended his Treasury chief Rachel Reeves against claims she misled the public about government finances before last week's tax-hiking budget

The Independent UK · Dec 1, 2025

Three former Tory MPs defect to Farage’s Reform

One says he believes the Conservative Party has ‘lost touch with the people it was meant to serve’

The Independent UK · Dec 1, 2025

Pint of beer price to rise in London pubs clobbered by Reeves on tax, business rates and staff pay hike

London MPs criticised the growing burden being placed on the hospitality sector by the Chancellor

Evening Standard · Dec 1, 2025