Every Budget bombshell you need to know - major benefit change and tax rise

Chancellor Rachel Reeves unveiled £26billion a year of tax rises, but also confirmed the controversial two-child benefit limit will finally be scrapped in a victory for anti-poverty campaigners

Rachel Reeves has unveiled £26billion a year of tax rises in a Budget that was leaked moments before it was published.

The Chancellor announced a new mansion tax affecting homes worth over £2million and finally confirmed that the two-child benefit limit will be torn up after years of calls by anti-poverty campaigners.

Controversially she confirmed income tax thresholds will be frozen - a move that will affect more than 1.5million workers. The gambling industry will be hit with new levies, but fuel duty will remain frozen until next year, Ms Reeves said.

Ms Reeves told a rowdy House of Commons