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Prime Minister's Questions and Budget Statement - 26 November 2025
Prime Minister's Question Time, also referred to as PMQs, takes place every Wednesday the House of Commons sits. It gives MPs the chance to put questions to the Prime Minister, Sir Keir Starmer MP, or a nominated minister. In most cases, the session starts with a routine 'open question' from an MP about the Prime Minister's engagements. MPs can then ask supplementary questions on any subject, often one of current political significance. The Leader of the Opposition, Kemi Badenoch MP, asks six questions and the leader of the second largest opposition party asks two. If another minister takes the place of the Prime ...
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From news.sky.com | Nov 26, 2025
A raft of tax rises is expected in the budget this lunchtime - with the chancellor acknowledging that voters are "angry at the unfairness in our economy". In a newly released video, Rachel Reeves said the public is "frustrated at the pace of change" - but vowed to "take the fair and necessary choices" to tackle the cost of living crisis.And in a dig at the ...
Annual consumers price inflation increased to 3 percent in the September quarter. However, with spare capacity in the economy, inflation is expected to fall to around 2 percent by mid-2026. Economic activity was weak over mid-2025 but is picking up. Lower interest rates are encouraging household spending, and the labour market is stabilising. The exchange ...
UK'S OFFICE FOR BUDGET RESPONSIBILITY OUTLOOK: REAL GDP IS FORECAST TO GROW BY 1.5 PER CENT ON AVERAGE OVER THE FORECAST, 0.3 PERCENTAGEPOINTS SLOWER THAN WE PROJECTED IN MARCH, DUE TO LOWER UNDERLYING PRODUCTIVITY GROWTH UK OBR ECONOMIC AND FISCAL OUTLOOK: CURRENT BUDGET SURPLUS MARGIN 21.7 BLN STG IN 2029-30 VS 9.9 BLN STG IN MARCH OMG has the OBR document just leaked? Reuters reporting details from inside the Budget NOW. Blimey. pic.twitter.com/nYv1CuXcca The OBR has broken **the entire Budget**. It's extraordinary. Completely unprecedented. Hyperbole doesn't do it justice Reeves will unveil £26billion in tax rises, ultimately leaving her with £22billion worth of fiscal headroom * The tax burden will hit a record 28 per cent asā€¦ 
Economic and fiscal outlook This Economic and fiscal outlook (EFO) sets out our central forecast and the uncertainties that surround it for the five years to 2030-31, taking account of recent data and government policies announced since our last forecast and up to and including the November 2025 Autumn Budget. The forecasts presented in this document represent our collective view as the three independent members of the OBR’s Budget Responsibility Committee (BRC). We take full responsibility for the judgements that underpin them and for the conclusions we have reached. As always, we have been greatly supported in our work by the staff of the OBR. We are very grateful for their hard work and expertise. We have also drawn on the work and expertise of officials across government in preparing these forecasts. We are grateful for their engagement and insight. During the production of this forecast we learned that a respected former colleague, Pavandeep Dhami, sadly passed away. Pav worked at the O
Economic and fiscal outlook This Economic and fiscal outlook (EFO) sets out our central forecast and the uncertainties that surround it for the five years to 2030-31, taking account of recent data and government policies announced since our last forecast and up to and including the November 2025 Autumn Budget. The forecasts presented in this document represent our collective view as the three independent members of the OBR’s Budget Responsibility Committee (BRC). We take full responsibility for the judgements that underpin them and for the conclusions we have reached. As always, we have been greatly supported in our work by the staff of the OBR. We are very grateful for their hard work and expertise. We have also drawn on the work and expertise of officials across government in preparing these forecasts. We are grateful for their engagement and insight. During the production of this forecast we learned that a respected former colleague, Pavandeep Dhami, sadly passed away. Pav worked at the O
