LIVE Rachel Reeves Delivers Budget Speech

LIVE Rachel Reeves Delivers Budget Speech

Prime Minister Keir Starmer takes questions in parliament before British finance minister Rachel Reeves delivers budget speech in parliament.

0750GMT – View of British Parliament ahead of budget announcement

1200GMT – Prime Minister’s Question Time

1230GMT approx. – Chancellor Rachel Reeves delivers budget speech in parliament followed by a debate on the budget

The chancellor is expected to tell the Commons: “Today I will take the fair and necessary choices to deliver on our promise of change. I will not return Britain back to austerity, nor will I lose control of public spending with reckless borrowing.”

She will promise that the budget will prioritise growth measures after a downgrade to productivity forecasts by the Office of Budget Responsibility at the end of last month, which has increased the government’s fiscal hole.