The Latest Breaking News from Rachel Reeves

From everyday costs, to the impact on your savings and pensions - our money writer explains

Rachel Reeves’s second budget landed in an unusual fashion. Before she delivered it, most of the key details had already been revealed accidentally by the Office for Budget Responsibility.

Saving expert suggested 'guidance' for young savers instead of limit

Once again the capital did not get a single mention in the Chancellor’s speech

Labour MPs welcome scrapping of two-child benefit cap but worry about hefty future tax increases on constituents

The move follows increasing anger from customers and consumer groups over rising mobile and broadband tariffs.

Rachel Reeves’s budget was seen as a “make or break” moment for the chancellor and the government, which is suffering from low approval ratings and rapidly fading public confidence. At the same time, threats of a leadership challenge and the impending May elections mean Keir Starmer has a tricky path…

This is the day when politicians and amateur commentators talk more doggybollox than on any other day of the year

One in four homes which will pay the property surcharge are in just three London boroughs; Kensington and Chelsea, Westminster and Camden