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The Latest Breaking News from OBR

Spring Budget: The announcements and what they mean for you

Jeremy Hunt’s fiscal package included increased childcare support and measures designed to tackle cost-of-living pressures.

Evening Standard

Budget 2023: Free childcare and nine other things you need to know

We round up the key announcements from Jeremy Hunt's budget

Liverpool Echo

All Jeremy Hunt's Budget announcements at a glance - with all the nasty details

Tory Chancellor Jeremy Hunt unveiled his 2023 Budget with boosts for childcare, energy bills and a freeze on fuel duty. But the small print reveals Brits will see the biggest two-year decline in living standards since the 1950s. Here's what you need to know.

Daily Mirror

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UK unveils budget plans as thousands of workers stage strikes

Finance minister Jeremy Hunt unveils measures aimed at boosting workforce as strikers demand better wages, conditions.

Al Jazeera

UK will STILL see biggest fall in living standards since 1950s after Budget, OBR says

The forecast came as the Chancellor Jeremy Hunt unveiled his Budget for 'growth' and said the economy will swerve a 'technical recession' in 2023.

Daily Mirror

The 10 key announcement's from Jeremy Hunt's Spring Budget including childcare changes

A wide number of changes were introduced, affecting employment, benefits, taxes, energy bills, and the economy

Manchester Evening News

Budget 2023 key points: What did Chancellor Jeremy Hunt announce?

The pension lifetime allowance abolished and the energy price guarantee extended, while draught beer duties will be frozen

Evening Standard

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From pensions to pools: what to expect from Hunt’s spring budget

Biggest change to welfare system in a decade and extension of energy price guarantee among expected measures

The Guardian - UK

Five charts that will shape Jeremy Hunt’s budget

From cooling inflation to easing staff shortages, we look at the factors behind the chancellor’s spending choices

The Guardian - UK

Officials 'must count cost' of climate change inaction to prevent 'drastic' debt rise

Ahead of the Budget, Pat McFadden, Labour’s Shadow Chief Secretary to the Treasury has called for officials to routinely publish data on the financial impact of failing to take action to hit net zero targets

Daily Mirror

Londoners face tax ‘hammer blow’ from stealth raid

Nearly a million workers in London and the South-East are facing a tax “hammer blow” as more people are sucked into paying the higher rate of tax.

Evening Standard

When is the Spring Budget and what can you expect to be announced?

The Spring Budget will have a direct effect on the UK's economy

Manchester Evening News

The Rolls-Royce politician gearing Labour up for power

Why Labour’s ‘RR’, Rachel Reeves, and her classy economic model are winning over big business, by Simon Walters

The Independent UK

How legitimate are the claims in Liz Truss’s 4,000-word Telegraph essay?

The Guardian’s deputy political editor and economics correspondent take a look

The Guardian - UK

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Evening Standard

The awkward truth is that Liz Truss isn’t wrong about everything

It is a truth acknowledged by everyone who is not Liz Truss that her defence of a firefly era as prime minister has more flaws than selling points. Her essay in the Sunday Telegraph and a spirited interview by Spectator editors last night yield the conclusion that Truss blames systemic…

The Guardian - UK

Dimmer than she appears or totally dishonest? Liz Truss may be both

The former PM’s Spectator interview underlined that she is the ultimate survivor of her own financial destruction

The Independent UK

Truss admits plan to scrap 45p top income tax rate was ‘bridge too far’

The former prime minister continued to defend her failed bid to boost growth in her first interview since stepping down.

The Independent UK

Liz Truss launches comeback after disastrous premiership claiming failed policies were right

UK’s shortest-serving prime minister has written 4,000 word essay that continues to defend catastrophic economic policy

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Evening Standard

When is Budget Day 2023? What to expect from Jeremy Hunt’s statement

The Chancellor set out his plans amid a soaring cost of living crisis

The Guardian - UK

Drop in UK growth forecast limits chancellor’s budget wriggle room

OBR tells Jeremy Hunt he will have £9bn less income to factor amid falling tax receiptstax receipts

The Guardian - UK

UK will be 15 years late in hitting £1tn annual export target, figures show

Exclusive: Forecasts predict exports will fall to £707bn next year and target will not be reached until 2035

Manchester Evening News

Ten things that could cost more this year - from passports and council tax to beer and petrol

The cost of living crisis is being driven by soaring prices on a variety of goods

The Guardian - UK

Sunak strives to be reassuring but is five-point plan all sleight of hand?

PM plans a ‘no tricks’ reset but with an inflation fall already expected this is more about hanging on at an election

Daily Mirror

Britain faces the worst recession among G7 partners, economists predict

A bleak survey of over 100 leading UK-based economists suggests high inflation could linger for longer than other countries as Brits face a huge squeeze in household incomes

The Guardian - UK

Freeze on alcohol duty to be extended to help UK hospitality industry

No increases until August 2023 despite Jeremy Hunt’s first full budget being scheduled for 15 March

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People

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Office for National Statistics

Office for Budget Responsibility

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Sunday Telegraph

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Department for International Trade

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