The Latest Breaking News from OBR

Reeves admits Budget leaks were ‘extremely damaging’ but insists she wasn’t to blame

Chancellor hits out at ‘too many leaks’ and says inquiry is underway to root out the person responsible

The Independent UK · Dec 10, 2025

Reeves: PM and I decided ‘as a team’ not to hike income tax

The Chancellor also said a leak revealing she had dropped plans for an income tax rise was ‘incredibly damaging’.

Evening Standard · Dec 10, 2025

Resign over Budget briefing chaos, Reeves urged as she orders leak inquiry at the Treasury

Chancellor Rachel Reeves has been urged to resign over the chaos in the run up to her financial statement

Evening Standard · Dec 10, 2025

Treasury minister: inquiry into pre-Budget leaks under way

James Murray, a Treasury minister, told MPs that a leak inquiry is ‘under way with the full support of the Chancellor’.

Evening Standard · Dec 3, 2025

Spoilt for choice, Conspiracy Kemi grabs wrong end of every stick

After the budget there should have been easy wins for Badenoch at PMQs but the Tory leader just can’t help herself

The Guardian - UK · Dec 3, 2025

Badenoch: Reeves could be prosecuted for market abuse over claims before Budget

The Chancellor has faced accusations she misled voters by overstating the scale of the fiscal challenge, but has denied doing so.

Evening Standard · Dec 3, 2025

Reeves accused of forcing OBR chief to quit after watchdog revealed truth about Budget black hole

Tory leader Kemi Badenoch led the accusation about Richard Hughes, the former chair of the Office for Budget Responsibility

The Independent UK · Dec 3, 2025

Keir Starmer to face PMQs amid continued Budget questions

The OECD has warned tax hikes and reduced spending will act as a ‘headwind’ to the UK economy over the next two years.

Evening Standard · Dec 3, 2025

OBR chief’s exit may ease pressure on Rachel Reeves but the battle isn’t over

With the row deepening over budget leaks, who is most likely to replace Richard Hughes in the increasingly thankless role of chair?

The Guardian - UK · Dec 2, 2025

DWP chief paves the way for more benefit cuts as Starmer warned over spending

The OBR projects that Labour has added £11bn on to public spending – largely to pay for welfare reversals

The Independent UK · Dec 2, 2025