Too many unauthorised pre-Budget leaks, says Reeves
created: Dec. 10, 2025, 2:24 p.m. | updated: Dec. 10, 2025, 4:44 p.m.
Too many unauthorised pre-Budget leaks, says Reeves2 hours ago Share Save Jennifer McKiernan Political reporter Share SaveBBCChancellor Rachel Reeves has said there were too many unauthorised leaks ahead of her Budget last month.
The source of the leaks, particularly one made to the Financial Times on 13 November suggesting the Chancellor had dropped plans to increase income tax, is now being investigated.
Giving evidence to the Treasury select committee, Reeves told MPs that she had taken the step because the leaks were "very damaging" and "we cannot allow this to happen again".
Reeves said: "The budget had too much speculation, there were too many leaks, and much of those leaks and speculation were inaccurate, very damaging... "I want to state on the record how frustrated I am and have been by these incidents and the volume of speculation and leaks."
Asked whether the prime minister made the decision not to raise income tax, Reeves said she had met Sir Keir "two, three times a week during the Budget process".
3 months ago: BBC News