Chancellor Rachel Reeves expanded fiscal buffer to £22B vs £15B expected, causing initial yield drop

OBR released forecasts early by technical error, apologizing for the premature release

Initial yield drop reversed as growth forecast cut to 1.4% from 1.9% for 2026 and tax measures announced

Tax measures include frozen income tax thresholds, property taxes above £2M, increased dividend taxes, and NICs on pensions over £20K

UK to remove two-child limit in universal credit, addressing Labour Party contentious issue

Earlier