The Office for Budget Responsibility has predicted that Brexit will slash UK trade by 15 per cent in a damning analysis.

We outline the key data and charts from the OBR's latest forecasts, bearing in mind Reeves announced £40bn worth of tax hikes ...

Richard Hughes holds a press conference after Labour's Budget was announced on Wednesday, 30 October. Rachel Reeves, the UK's ...

The chancellor tells the BBC businesses will have to absorb the costs of paying more National Insurance or give out smaller ...

The Office for Budget Responsibility (OBR) monitors the UK government's spending plans and performance. Twice a year, it ...

Just when it seemed that inflation was finally coming under control, the government has announced a big increase in public spending.

For me the most frightening moment in yesterday's Budget nightmare came right at the start, when chancellor Rachel Reeves told us how fast the economy is set to grow. Or rather, how slowly.

Reeves announced £6.7bn of capital investment for the Department for Education next year, a 19% real-terms increase on this ...

“But overall, the Office for Budget Responsibility forecasts that household incomes will increase during this parliament.

There are no easy, cost-free decisions in this Budget. The Chancellor said the measures in her budget would mean an ...

Reeves called her Budget a plan to create “wealth and opportunity for all”, adding that “the only way to drive economic ...

Richard Hughes held a press conference after Labour's Budget was announced on Wednesday, 30 October. Rachel Reeves, the UK's ...