Damaging events could knock finances off course, says Treasury’s independent forecaster as it downgrades growth outlook

With hours to go until one of the most anticipated Treasury statements in modern history, Rachel Reeves has been given disastrous warning on the economy’s outlook

Chancellor to unveil series of tax hikes to fill black hole in public finances in highly anticipated Budget on Wednesday

Rolling coverage of the latest economic and financial news, as the City braces for the budget

Chancellor to deliver fiscal statement, billed as decisive moment for fate of Starmer government, at 12.30pm

The chancellor is expected to announce a raft of tax hikes as part of her 2025 autumn Budget

Chancellor to deliver fiscal statement, billed as decisive moment for fate of Starmer government, at 12.30pm

Rachel Reeves has announced her financial update – here are the main points, with political analysis

Chancellor unveils action on energy bills, rail fares and two-child benefit cap as she reveals £26bn tax rises

Damaging events could knock finances off course, says Treasury’s independent forecaster as it downgrades growth outlook

The Conservatives say she was overly gloomy about the public finances as a "smokescreen" to raise tax.