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Badenoch: Chancellor could be prosecuted over Budget

Derby Telegraph

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December 04, 2025

THE Chancellor could be prosecuted for market abuse, Kemi Badenoch claimed as she came face-to-face with the Prime Minister for the first time since the Budget was announced.

Rachel Reeves has faced accusations she misled voters and the Cabinet in the run-up to the Budget, which included £26 billion of tax rises.

But Sir Keir Starmer hit back at Tory leader Mrs Badenoch during Prime Minister's Questions yesterday. He also referred to the Office for Budget Responsibility's (OBR) suggestion that Ms Reeves's messaging in the weeks before the statement was "not inconsistent" with analysis it shared with her.

The Prime Minister has previously said there was "no misleading" by the Chancellor.

Mrs Badenoch said: "We now know that the head of the OBR was forced out for telling the truth that the Chancellor did not need to raise taxes on working people.

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