The Latest Breaking News from OBR

October review is expected to be eye-wateringly severe, but chancellor will draw on official data to make her case

Chancellor insists she still has large black hole to fill despite stronger than expected growth in first half of 2024

Several factors restrict the Labour government’s room for manoeuvre in its agenda for growth, writes Phillip Inman

RACHEL Reeves has warned she will have to make “difficult decisions” following claims from a minister that the UK's finances are "worse…

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