So finally, Chancellor, you've effectively just broken your promise made after the last budget not to raise taxes again. Will you now rule out more tax rises, whether directly or by stealth, this Parliament. So last year I had to close the black hole in the public finances left by the Conservatives. And in the budget last year I lived within the forecast set by the bill.They have now changed their forecasts around productivity and they are very clear that's nothing to do with the policy of this government. ...

Fiscal Policy and Economic Outlook - The budget aims to cut borrowing and debt, with an increase in headroom to £217 billion [3] - The IMF indicates the UK has a faster rate of fiscal consolidation compared to other G7 economies [4] - Some fiscal repair is expected to extend to 2028 and beyond [4] - The government aims to beat growth forecasts, targeting 15% growth this year [11] Taxation and Revenue - The government acknowledges that freezing tax thresholds will require ordinary people to contribute more [7] - The Office for Budget Responsibility (OBR) productivity downgrade is expected to result in £60 billion less in tax revenue [7] - The government denies that policy measures in the budget impact growth forecasts [8] - The government defends its tax policies as fair and necessary choices in the current circumstances [13] Government Initiatives and Reforms - Planning and Infrastructure Bill is nearing completion [10] - The government highlights the India deal and planning and infrastructure bill as positive for the economy [8] - Changes to Universal Credit are projected to add 15000 people to the workforce [8] - The government is focused on growing the economy through reforms, including pensions and planning [14]

So Rachel Reeves budget, everything you need to know in 60 seconds. Honestly, it is all small business consumption tax changes which will be implemented between 2027 and 2030. Honestly, it's window dressing. It's rearranging the debt chairs on the Titanic. A failure to tackle anything material like social welfare costs, triple lock, energy costs, immigration, refugee costs, defense spending. The policies and tax changes just don't meet a materiality threshold. A billion here and a billion there in the conte ...

"We're seeing their true colours today"UK Chancellor Rachel Reeves confronts Conservatives MPs as she announces the end of the two-child benefit cap in her budgethttps://t.co/0ZDXrC5K2f https://t.co/kVugfWe80W ...

Britain’s economic watchdog has released details of the budget early, apparently by accident. It confirms a freeze on income-tax thresholds, and a “mansion tax”. Rachel Reeves, the chancellor, is about to deliver her (now leaked) plans to Parliament https://t.co/XVJAgxZAs4 ...

Predictions point to a budget that plugs Britain’s fiscal gap with a patchwork of small tax rises and keeps Labour backbenchers content with more spending and limited cuts. That would bring long-term risks https://t.co/kErpcvUrbl ...

In her maiden budget speech last year Rachel Reeves blamed the previous Conservative administration 20 times.She recently wrote that “gazing in the rear-view mirror” was not a good use of time. Will her speech this week stay true to her word? https://t.co/gZ3kE2A7Wm ...

UK Budget Live Updates: Pound Rises Ahead of Crucial Budget (GBP/USD) https://t.co/1wpmy9606t ...

With Wednesday’s budget, Britain’s chancellor will see her short-term political goal as a simple one: fill the hole and live to tell the tale. That means offering enough to satisfy left-wing backbenchers without upsetting the bond market https://t.co/DLka9Bbp2tPhoto: Simon Dawson/No 10 Downing Street ...

Core Viewpoint - The company has demonstrated strong operating performance with a 19% return on tangible equity, trading at 7.5x PE and 1.3x book value, despite a volatile fiscal backdrop [1]. Economic Environment - The economic environment is characterized by cautious optimism, with base rates behaving as expected and a slight increase in unemployment [2].