Budget 2025 live: Rachel Reeves delivers budget as OBR apologises for leaking details

Office for Budget Responsibility blames ‘technical error’ after forecasts were accidentally published before chancellor gave her statementAt a glance: the key points from the budgetPaul Nowak, the TUC general secretary, has rejected the concerns raised by the Resolution Foundation (see 9.54am) about the rise in the minimum wage rates. Asked about the thinktank’s comments, Nowak told Times Radio:I don’t accept those concerns …First of all, that recommendation is based on the Low Pay Commission, which brings together employers, unions, independent experts, they’re tasked with making a recommendation on the minimum wage, which balances getting money into people’s pockets and the impact on unemployment. Continue reading…