Britain’s wealthy must shoulder burden of rebuilding ‘creaky’ public services, Rachel Reeves says Exclusive: Chancellor says she made ‘fair and necessary choices’ in budget, and was unwilling to make cuts
‘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
JP Morgan boss gave go-ahead for new £3bn tower in London after UK assurances Decision by US bank’s CEO Jamie Dimon followed trip to New York by top adviser to Keir Starmer
UK energy bill payers will hand £2bn a year to EDF for new power stations French government-owned company to receive funding for Hinkley Point C and Sizewell C
‘A step-change’: tech firms battle for undersea dominance with submarine drones As navies seek to counter submarines and protect cables, startups and big defence companies fight to lead market
‘Mortified’ OBR chair hopes inquiry into budget leak will report next week Reuters news agency says it obtained document after visiting URL it predicted file would be uploaded to
Budget tax rises may be ‘fiscal fiction’ as pain delayed for election year, IFS warns Labour MPs welcome scrapping of two-child benefit cap but worry about hefty future tax increases on constituents
Government to ditch day-one unfair dismissal policy from workers’ rights bill Flagship Labour plan to be replaced with six-month threshold after Peter Kyle vows to not let businesses ‘lose’ under new law
The chancellor’s growth mission is missing in action Businesses grumble about lack of ambition and urgency as Rachel Reeves continues to shy away from meaningful tax reform
Ministers face calls to explain how £6bn Send funding hole will be paid for Bridget Phillipson tells MPs that Send costs in England will not fall on core schools funding but on government budget
Starmer says budget did not break manifesto tax pledge – as it happened PM says: ‘We kept to our manifesto in terms of what we’ve promised. But I accept the challenge that we’ve asked everybody to contribute’
Energy minister says UK must ‘do whatever it takes’ to avoid gas supply crisis Official advisers urge government to address situation that could mean homes and businesses going without on coldest days
Rachel Reeves’s budget creates tax break for rich former non-doms Cap on inheritance tax paid by their offshore trusts will only help those worth more than £83m, say experts