Chancellor Rachel Reeves has delivered her second Budget, unveiling a wide-ranging package of tax, spending and regulatory measures shaped by weeks of leaks — and an accidental early publication of the OBR’s official forecasts. Here is a comprehensive overview of the main changes affecting households, businesses and the wider economy.Continue Reading

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Experts are warning that Rachel Reeves’ decision to cap the National Insurance advantages of pension salary sacrifice at £2,000 a year risks dismantling one of the UK’s most widely used workplace savings tools, and may force smaller employers to freeze hiring or scale back staff benefits. The Treasury expects theContinue Reading

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Chancellor Rachel Reeves has described the accidental early publication of the Office for Budget Responsibility’s report as “deeply disappointing”, after the market-sensitive document appeared online ahead of her Budget statement. Opening her remarks in the Commons, Reeves said the OBR had already taken “full responsibility” for the error. She stressedContinue Reading

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