Rachel Reeves says budget will cut living costs after shock OBR leak
by Richard Partington and Jessica Elgot from Economics | The Guardian on (#71R8M)
Chancellor unveils action on energy bills, rail fares and two-child benefit cap as she reveals 26bn tax rises
Rachel Reeves has declared her budget will slash living costs for millions after a highly embarrassing leak revealed she would increase taxes by 26bn to plug a gaping shortfall in the public finances.
In a shock release triggering an instant bond market reaction, the Office for Budget Responsibility (OBR) published the full details of the chancellor's plans an hour before her make-or-break speech to the Commons.
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