Business · 26 November 2025

Budget report released early in UK. Oops

Chris McAndrew via Wikimedia Commons (CC BY 3.0)

The UK's Office for Budget Responsibility mistakenly released its report early. The report details plans to eliminate the two-child benefit limit and create a £22 billion reserve. Chancellor Rachel Reeves is set to announce a budget with significant tax increases amounting to around £26 billion. Measures may include frozen income tax brackets and new EV taxes to cover a £20 billion deficit.

By BriefTea Editorial · 26 November 2025 at 12:17

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