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Sir Keir Starmer to defend budget amid claims Rachel Reeves 'lied' about public finances

Prime Minister Starmer and Chancellor Reeves defend the £26 billion tax rises amid accusations of misleading public finances; OBR revealed a £4.2 billion surplus before policy changes.

  • On Monday, Sir Keir Starmer will deliver a speech defending the government's budget, which included £26bn of tax rises across the economy.
  • The Office for Budget Responsibility revealed on Friday it told the Treasury that there was a surplus of �4, which contradicted initial assessments, following an unprecedented breach where assessment was published 45 minutes early.
  • The chancellor outlined three budget aims in a Sky News interview, including `tackling the cost of living` with measures like `£150 off energy bills` and `freezing prescription charges and rail fares`.
  • In response, Conservative figures demanded accountability and urged resignation as Sir Mel Stride said it is `frankly laughable` to praise the Benefits Street budget, while Kemi Badenoch called for the chancellor's resignation over the �3bn two-child benefit cap lift.
  • The government will pursue deregulation and faster infrastructure delivery, led by Business Secretary Peter Kyle, while ministers will try again to reform the 'broken' welfare system after a U-turn earlier this year.
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This Monday morning, during an appearance called in London with the aim of halting the political deterioration caused by the accusations directed against his Minister of Economy, Rachel Reeves, the British Prime Minister, Keir Starmer, strongly defended both the integrity of the national budget presented last week, and the honesty of the government in presenting the fiscal situation that justifies it. He did so at a time when conservative opposi…

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BBC News broke the news in United Kingdom on Sunday, November 30, 2025.
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