How the standoff between Rachel Reeves and the OBR unfolded

Treasury’s independent economic forecaster says outlook for economy rosier than chancellor led everyone to believe

UK politics: OBR chief resigns, saying budget leak was ‘technical but serious’ error – as it happened

Richard Hughes says he is stepping down in order to restore confidence in organisation

UK factory sector grows for first time in a year despite budget uncertainty; Airbus shares slide amid A320 problems – as it happened

Rolling coverage of the latest economic and financial news

OBR says inadvertent budget leak is ‘worst failure’ in its 15-year history

Investigation finds organisation’s leadership over many years was to blame for error, and similar breach happened earlier this year

Starmer raises pressure on head of OBR by saying budget leak was ‘serious error’

PM says he is ‘very supportive’ of spending watchdog but breach was a ‘massive discourtesy’ to parliament

Hello, foreign oligarchs and corporations! Please come and sue the UK for billions

The case of a planned Cumbrian coalmine shows how governments around the world are being threatened by litigation in shadowy offshore courts, says Guardian columnist George Monbiot

UK refrains from hitting high street on Black Friday as fears grow over economy

Data comes as KPMG highlights soft consumer spending as one factor likely to hold back growth in 2026

The Guardian view on the inequality emergency: why a Nobel prize winner’s warning must be heeded

Editorial: Rising economic division is destabilising nations and eroding accountability. Joseph Stiglitz’s G20 blueprint offers a way toward global economic renewal

Net migration is plummeting. Why can’t Labour say so?

An honest debate is needed on this polarising topic as sectors such as social care struggle with recruitment

Radical Reeves? The chancellor’s mansion tax is a small but brave step forward

The high-value council tax surcharge may only raise £400m but it’s the best opportunity for a bigger, fairer tax on wealth

People deriving income solely from state pension won’t be taxed, says chancellor

Clarification creates prospect of two-tier system for retirees solely on new state pension and those on private schemes

‘The City can’t be taken for granted’: how banks won over Rachel Reeves

JP Morgan and Goldman Sachs to expand UK presence after sector was spared from higher taxes in budget

No 10 dismisses claim that OBR revelations show Reeves misled public about need for tax rises in budget – UK politics live

Downing Street brushes off claims that the chancellor misled voters about the state of the public finances ahead of the budget

OBR challenges claims Reeves dropped income tax rise due to rosier forecasts

Official forecaster’s chair says chancellor knew about revised predictions well before her budget change of heart

Amid ‘instability and fear’ in Trump’s economy, Americans are cutting holiday spending

In addition to rising prices and tariffs, readers cite growing unemployment as a reason not to exchange gifts this year