Meanwhile, Keir Starmer defends the government's tax-raising Budget, saying it will help lift hundreds of thousands of children out of poverty.

Chancellor Rachel Reeves announced the government's autumn spending plan this afternoon, with Brits hearing how their finances will be impacted by the upcoming Budget

Martin Lewis has described the Budget’s freeze on tax thresholds as a ‘stealth tax’ which will force more people to pay out more to HMRC. The consumer rights campaigner has given his instant reaction to Rachel Reeves’ leaked Budget.

Rachel Reeves has said the Budget will focus on ‘getting inflation falling’ and ‘creating the conditions for interest rate cuts’

Broadcast plans for the 2025 Budget have been confirmed 📺 Rachel Reeves is set to reveal the 2025 Budget. It arrives a month later than last year’s announcement. But how can you watch the statement live?

The chancellor says "the world has thrown even more challenges our way" - Tory leader Kemi Badenoch calls the pre-Budget speech a "waffle bomb".

Although Reeves made a big point about not increasing the rate of income tax, Ben Zaranko, an economist at the Institute for Fiscal Studies, points out that a one-pence increase in all rates of income tax would have raised a similar amount to the three year freeze that Reeves did announce.