Australia's Mid-Year Budget Shows $12.6bn Deficit
Treasurer Jim Chalmers unveils a mid-year budget update with a $12.6bn deficit. Discover the spending cuts, economic forecasts, and political implications for Australia's future.
Treasurer Jim Chalmers unveils a mid-year budget update with a $12.6bn deficit. Discover the spending cuts, economic forecasts, and political implications for Australia's future.
The Office for Budget Responsibility confirms Chancellor Rachel Reeves' Budget lacks growth drivers. With 650,000 emigrating and business rates soaring, critics warn of a stagnant 'zombie economy'.
With the cost of living rising, experts Alastair Douglas and Matt Buttery offer practical advice for parents to create a special festive season without financial strain. Learn how to set realistic budgets and focus on meaningful moments.
Richard Hughes's resignation as OBR chair follows budget leak chaos. Experts warn the search for a credible successor is vital for UK fiscal governance and market confidence. Read the analysis.
The OBR told MPs it raised concerns with Treasury officials about extensive pre-budget leaks of its forecasts, which it described as "not particularly helpful." Read the full details.
Keir Starmer defends Chancellor Rachel Reeves, revealing he personally weighed breaking a manifesto pledge on income tax. Analysis shows his political survival is now bound to hers. Read the full story.
Richard Hughes, chair of the Office for Budget Responsibility, has resigned. The move follows intense scrutiny of the watchdog's economic forecasts and exposes the government's delicate balancing act between political promises and market demands.
Richard Hughes resigns as OBR chair after an inquiry into the early release of Rachel Reeves's budget. Read the full report on the watchdog's 'worst failure'.
OBR chairman Richard Hughes quits after a report blames the watchdog for the early release of Rachel Reeves' Budget forecasts. The incident is labelled its 'worst failure' in 15 years. Read the full story.
Office for Budget Responsibility chairman Richard Hughes has resigned after sensitive details of Rachel Reeves's Budget were published prematurely. Follow for the latest political updates.
The UK's budget watchdog calls for a total overhaul of its sensitive publication process after a technical error released forecasts early. Read the full report and recommended changes.
The Office for Budget Responsibility calls its accidental early release of key Budget details the 'worst failure' in its history. Discover the full story and what happens next.
PM Keir Starmer defends Chancellor Rachel Reeves and addresses the OBR budget leak, calling it a 'serious error'. He also reveals he considered breaking a key manifesto pledge. Read the latest.
Chancellor Rachel Reeves says she was 'uncomfortable' with Kemi Badenoch's personal criticism during the Budget response. Read the full exchange and political fallout.
Business leaders express disappointment as Rachel Reeves' budget offers few pro-growth initiatives despite OBR's bleak forecasts. Discover the key takeaways and industry reactions.
Keir Starmer defends the tax-raising Budget as essential for public services and fighting child poverty, while experts warn it fails to boost growth. Read the full analysis.
The OBR chairman claims an 'external person' may have accessed Rachel Reeves' Budget plans early. A full investigation is underway. Read the latest on this major security breach.
Chancellor Rachel Reeves' first budget was leaked 40 minutes before official delivery, sparking a Whitehall investigation into the security breach.
Political cartoonist Ben Jennings delivers sharp commentary on Rachel Reeves' budget announcement through his latest artwork. Discover the symbolism and message behind the drawing.
Chancellor Rachel Reeves unveils a £26bn tax rise package but sidesteps questions on her political future. Economic growth forecasts downgraded. Read the full analysis.
London's financial hub reacts as Chancellor Rachel Reeves delivers her first budget. Discover how markets and traders are responding to new economic measures.
Chancellor Rachel Reeves' first budget faces economic headwinds as UK growth stagnates. Will tax rises deliver promised investment? Analysis inside.
Kemi Badenoch's Commons attack on Rachel Reeves using 'women-hating-women' rhetoric raises concerns about political discourse and feminism in UK politics. Read the analysis.
BBC political editor Chris Mason delivers unforgettable reaction as Rachel Reeves's budget details leak hours before announcement. Watch the moment that stunned Westminster.
A major Budget leak by the OBR forces Chancellor Rachel Reeves into an embarrassing position, echoing Hugh Dalton's 1947 resignation scandal. Discover the parallels in Westminster's history of financial secrecy.
Deputy Speaker Nusrat Ghani condemns the government for 'unprecedented' OBR Budget leaks, demanding announcements be made to Parliament first. Read the full story.
Chancellor Rachel Reeves faces Budget leak crisis revealing tax increases for one in four workers by 2030, sparking financial market turmoil and political fallout.
Chancellor Rachel Reeves responds with fury to a major Budget leak by the OBR minutes before her Commons statement. Follow for live updates on this breaking political story.
Chancellor Rachel Reeves faces tough pension tax decisions in today's Budget as IFS warns she needs £22bn. Discover how higher-rate relief and tax-free lump sums could be targeted.
Chancellor Rachel Reeves prepares major budget with property revaluations, tax threshold freezes and pension reforms. Discover how the autumn statement will impact your finances.