The Latest Breaking News from OBR

The chancellor doubled down on her tax hikes, saying she wasn’t willing to cut public services

The Chancellor she had made choices to increase taxes and improve public infrastructure, and had ‘chosen to protect public spending’.

Official forecaster’s chair says chancellor knew about revised predictions well before her budget change of heart

French government-owned company to receive funding for Hinkley Point C and Sizewell C

Even when taxes don’t rise, your payments might as a result of what’s called fiscal drag

IN FOCUS : Roughly one in five Brits have made what they considered a ‘critical mistake’ at work. While it may be nothing compared to the mistake at the OBR this week, which published Rachel Reeves’s budget before she had announced it, what is seen as career-ending now? Lydia Spencer-Elliott…

Scrapping the benefit cap will cost around £3 billion by the end of this Parliament, according to the OBR

THE INDEPENDENT VIEW: Editorial: Now that the dust has settled on the Budget, it becomes clearer that this government’s priorities are out of line with the national interest, insulting to many and corrosive to the public’s threadbare trust in politicians’ ability to deliver on promises

Richard Hughes has written to the Chancellor and Commons Treasury Committee chair Dame Meg Hillier to apologise for the incident