The Latest Breaking News from OBR

Council tax bills to rise by £250 a year after Jeremy Hunt's massive hike

In his Autumn Statement, the Chancellor said local authorities will now be allowed to raise council tax by 5% a year, up from the current 3%

Daily Mirror · Nov 17, 2022

Bailing out bust energy supplier Bulb will cost taxpayers £6.5bn, figures show

The company collapsed in November last year and was put into a special government-handled administration

The Guardian - UK · Nov 17, 2022

UK government spending: where the cuts will fall

With health and education protected, other departments will struggle to cope with rising costs

The Guardian - UK · Nov 17, 2022

Net migration to stay over 200,000, despite Sunak’s pledge to cut numbers

Post-Brexit visa rules far more generous than expected, Treasury watchdog says – posing problem for prime minister

The Independent UK · Nov 17, 2022

UK Budget leaves Scotland with 'no hope' of helping those most in need, says Swinney

THE Chancellor's budget announcements leave the Scottish Government with 'no hope' of helping those most in need when it comes to setting its own…

The National (Scotland) · Nov 17, 2022

How long will the UK recession last and other top questions about the autumn statement answered

Chancellor Jeremy Hunt’s autumn statement has caused a spike in Google searches about the economy

Wales Online · Nov 17, 2022

Welsh business leaders and political parties have their say on Autumn Statement

The OBR concluded the UK is now in recession and was facing an increase in unemployment

Birmingham Post · Nov 17, 2022

House prices expected to fall by 9% over next two years, says OBR

Stamp duty cuts previously announced in the mini-budget will remain in place but only until March 31 2025.

The Independent UK · Nov 17, 2022

How long will the recession last in the UK?

The answers to some of the top trending questions following the Chancellor’s autumn statement.

The Independent UK · Nov 17, 2022

What does the Autumn Budget mean for house prices?

The OBR predict that house prices will fall by 9 per cent between end of 2022 and third quarter of 2024

The Independent UK · Nov 17, 2022