Four claims from the 2025 Budget debate fact checked

This roundup has been compiled by Full Fact , the UK’s largest fact-checking charity working to find, expose and counter the harms of bad information.

On Wednesday, the Chancellor of the Exchequer, Rachel Reeves , delivered the second Budget of this Labour Government.

Full Fact has fact checked a number of claims made by the Chancellor in her speech, and by the Conservative leader Kemi Badenoch in her Budget response. We’ve looked below at four such claims – for more, see Full Fact’s Budget 2025 round-up .

Has the Chancellor kept ‘every single one’ of Labour’s manifesto commitments?

The Government’s decision to extend the freeze on income tax and national insurance thresholds by three years has led many to accuse Labour of breaking its manifesto pledges on tax.

Labour’s 20