Rachel Reeves has vowed to be Chancellor in two years time as she urged Labour MPs to rally around her ahead of this week’s Budget. The Chancellor called for unity from her party as she spoke in front of restive backbenchers - insisting she was proud of her statement which she’ll deliver in the Commons on Wednesday.

Downing Street has denied Rachel Reeves misled the public about the state of the public finances ahead of this week's Budget. In the run-up to Wednesday's statement, the chancellor repeatedly talked about a downgrade to the UK's predicted economic productivity that would make it hard for her to meet her spending rules.

Badenoch claims the chancellor ‘lied to the public to justify record tax hikes’ and was ‘bribing Labour MPs to save her own skin’

Millions of Brits are picking over their finances after Chancellor Rachel Reeves presented her spending plans in the autumn Budget, aimed at creating a fairer and renewed UK economy