
LONDON, Nov 26 (Reuters) - British finance minister Rachel Reeves is delivering her annual budget on Wednesday, unveiling billions of pounds in tax increases.
Here are some of the main quotes from her speech to parliament:
ON OFFICE FOR BUDGET RESPONSIBILITY RELEASING OUTLOOK EARLY
"It is my understanding that the Office of Budget Responsibility's economic and financial outlook was released on their website before this statement. This is deeply disappointing and a serious error on their part. The Office of Budget Responsibility have already made a statement taking full responsibility for their breach."
ON TODAY'S BUDGET
"Today's budget builds on the choices we have made since last July: to cut NHS waiting lists, to cut the cost of living, and to cut the debt and borrowing. No doubt, we will face opposition again. But I have yet to see a credible, or a fairer alternative plan for working people."
NO RETURN TO AUSTERITY
"I said there would be no return to austerity, and I meant it. This Budget will maintain our investment in our economy and our National Health Service. I said I would cut the cost of living, and I meant it. This Budget will bring down inflation and provide immediate relief for families. I said that I would cut debt and borrowing, and I meant it.
"Because of this budget, borrowing will fall as a share of GDP in every year of the forecast. Our Net Financial Debt will be lower by the end of the forecast than it is today. And I will more than double the headroom against our stability rule to £21.7 billion, meeting our stability rule and meeting it a year early."