Oil market faces super glut as supply surge hits prices

Jennifer McKiernanPolitical reporter Laura Kuenssberg presses Rachel Reeves on whether the public was misled before Budget Chancellor Rachel Reeves has rejected claims she misled the public about the nation’s finances in the run-up to her Budget. Reeves was challenged on the BBC to explain why she had repeatedly warned about a downgrade to the UK’s…

The chancellor should be “bold” in next month’s Budget or risk future spending cuts and tax rises, an influential think tank has said. The Institute for Fiscal Studies (IFS) is projecting Rachel Reeves will need to find £22bn to make up a shortfall in the government’s finances, and will “almost certainly” have to raise taxes….

Rachel AlexanderLocal Democracy Reporter LDRS Residents in Woodall and Hamilton House, both in Bloxwich, Walsall, are seeing a large rise in their energy bills Pensioners living in two tower blocks said they felt like “second class citizens” after a social landlord quadrupled their heating and hot water bills overnight. It was now cheaper to boil…

Archie MitchellBusiness reporter Getty Images The chancellor has announced her Budget which includes a freeze to income taxthresholds, a rise in minimum wages and a so-called milkshake tax. Here are nine ways Chancellor Rachel Reeves’ Budget might affect you if you are 25 or under. Minimum wage workers will benefit Minimum wages will go up…