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.

MPs erupted into laughter as Chancellor Rachel Reeves made a savage dig at Reform UK leader Nigel Farage as she delivered her Budget to the Commons on Wednesday

Britain’s unpopular center-left Labour government sought to seize the political narrative Wednesday with a tax-raising budget that it hopes will boost economic growth, reduce child poverty and ease cost-of-living pressures.

Eliot Wilson talks us through the history and the traditions surrounding the UK Budget, one of the most important days in the British political calendar.

In a shambolic error, the Office for Budget Responsibility (OBR) leaked its assessment of the Chancellor's fiscal plans 30 minutes before she was due to unveil them in the House of Commons.

Alongside them are currency traders, who buy and sell the pound based on how they view the UK’s economic outlook. Their decisions feed directly into the value of sterling. A third group are equity investors, who assess how tax and spending changes will influence the profitability of companies listed on the stock market.

Reeves Puts Final Touches To Keynote Speech We'll bring you all the news from today's Budget speech, which Rachel Reeves, Chancellor o

Britain's Chancellor unveils the annual budget, aiming to 'rebuild' the country's economy:: London, England:::: Rachel Reeves, British Chancellor"We are rebuilding our economy over the last 16 months.