The Latest Breaking News from OBR

Shadow chancellor says successor confected story of ‘black hole’ to distract from tax rises, but things are not clearcut

The chancellor blames her predecessor for everything, including her reinvention as a Ministering Angel of Death

There is to be action but not a tax-and-spend splurge – just patient changes that will take time to pay off

The king’s speech has been delivered, marking the state opening of parliament (technically, this was the first king’s speech with a Labour government in 74 years). The speech was written by Keir Starmer’s government, not the king, and lays out the government’s agenda for the coming year. Here, a team…

The new government has made boosting economic growth its central goal. Chancellor Rachel Reeves wasted no time in announcing changes to the planning system designed to encourage more housebuilding and infrastructure investment.

Exclusive: Sources say changes to inheritance tax and capital gains tax are being discussed

The Independent’s guide to all the major party manifestos ahead of the general election

Exclusive: Changes early in expected new government intended to stop repeat of catastrophic Truss mini-budget

The Tory-created OBR buoyed David Cameron but sunk Liz Truss. After the election, it may become Labour’s problem, says economics professor Jonathan Portes