Rachel Reeves could be set to go down in history as Britain’s most dishonest chancellor, after the Office for Budget Responsibility revealed that everything we were told in the lead-up to the Budget was completely false. Ahead of Wednesday, the Treasury consistently briefed that the Chancellor was going to have to raise taxes by billions in order to fill a financial black hole, by something in the range of £20-£30 billion.

UK's Rachel Reeves nears moment of truth with tax-heavy budget | Reuters

The Chancellor openly blamed this on downgrades to productivity projections, which she said was caused by Tory austerity, Brexit and the pandemic. However this lunchtime the OBR published the jaw-dropping revelation that Ms Reeves knew as far back as September 17 that the so-called fiscal black hole was not £30 billion, but a negligible £2.5 billion.

Source: https://www.express.co.uk/news/politics/2139926/rachel-reeves-OBR-timeline-lies