The Latest Breaking News from OBR

The most chaotic Budget in living memory ends in complete shambles – before it’s even started

NEWS ANALYSIS: The accidental leak of details of Rachel Reeves’ Budget by the Office for Budget Responsibility before she got to her feet was one final bit of chaos for this make-or-break Budget, says political editor David Maddox

The Independent UK · Nov 26, 2025

Taxes hiked to ‘all-time high’ by Reeves as growth forecasts cut

More than 1.7 million people will face paying more income tax under the Chancellor’s plans.

Evening Standard · Nov 26, 2025

From mansion tax to cash ISA changes: Key announcements in Reeves’ Budget

The chancellor has unveiled £26bn worth of tax rises in the Commons as she attempts to plug a multi-billion pound gap in Britain’s ailing public finances

The Independent UK · Nov 26, 2025

Budget 2025: key points at a glance

Rachel Reeves has announced her financial update – here are the main points, with political analysis

The Guardian - UK · Nov 26, 2025

Fuel duty to increase for first time since April 2010

Fuel duty is set to increase for the first time in 16 years, with the current 5p per litre cut extended only until September 2026 before being reversed through a staggered approach. From April 2027, the Government plans to increase fuel duty rates annually in line with the Retail Price…

The Independent UK · Nov 26, 2025

Budget at a glance: What has Rachel Reeves announced?

Here, the PA news agency looks at the tax rises and cost-of-living measures in Wednesday’s Budget.

The Independent UK · Nov 26, 2025

Inflation and unemployment forecasts hiked as tax burden to hit record – OBR

It came as the UK’s official forecaster also reported that economic growth will be weaker than expected from 2026.

The Independent UK · Nov 26, 2025

Tax hiked and growth downgraded as details of Budget released early

The OBR confirmed Rachel Reeves’ Budget ‘raises taxes by amounts rising to £26 billion in 2029-30’.

Evening Standard · Nov 26, 2025

Rachel Reeves says budget will cut living costs after shock OBR leak

Chancellor unveils action on energy bills, rail fares and two-child benefit cap as she reveals £26bn tax rises

The Guardian - UK · Nov 26, 2025

UK borrowing costs fall after early release of budget forecasts – as it happened

OBR forecasts appear to show that chancellor has more than doubled her fiscal headroom to almost £22bn

The Guardian - UK · Nov 26, 2025