9:45 am today

UK: Chancellor delivers her Budget - what's in it?

From Nine To Noon, 9:45 am today
This handout photograph taken and released by the UK Parliament's House of Commons on November 26, 2025 shows Britain's Chancellor of the Exchequer Rachel Reeves (R) speaking in the House of Commons in London as the government delivered its annual budget. Britain's Labour government unveiled a tax-raising budget on November 26 costing billions of pounds to curb debt and fund public services, as the country faces lower economic growth in the coming years. (Photo by Handout / House of Commons / AFP) / RESTRICTED TO EDITORIAL USE - MANDATORY CREDIT " AFP PHOTO / HOUSE OF COMMONS " - NO USE FOR ENTERTAINMENT, SATIRICAL, MARKETING OR ADVERTISING CAMPAIGNS - EDITORS NOTE THE IMAGE MAY HAVE BEEN DIGITALLY ALTERED AT SOURCE TO OBSCURE VISIBLE DOCUMENTS - BEST QUALITY AVAILABLE /

Photo: AFP / House of Commons

UK correspondent Rob Watson looks at what's in Chancellor Rachel Reeves Budget - including some new taxes and a lifting of the two-child cap on benefits.

Rob Watson is a BBC political correspondent

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