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"Britain's economic watchdog confronted the Treasury over a series of chaotic leaks and briefings about the Budget ahead of Rachel Reeves' formal announcement last week, it has emerged. Officials at the Office of Budget Responsibility (OBR) told the Treasury committee on Tuesday that the leaks over the fiscal statement - which included proposals over mansion tax, income tax, ISAs and pensions - were unhelpful."
The Independent solicits donations to fund on-the-ground journalism across major issues, refusing paywalls to keep reporting widely accessible. Britain's economic watchdog, the Office for Budget Responsibility, confronted the Treasury over chaotic leaks and briefings about the Budget that revealed proposals on mansion tax, income tax, ISAs and pensions and were judged unhelpful. Former Bank of England chief economist Andy Haldane warned that briefings and U-turns on issues such as income tax were a primary reason economic growth has flatlined. The OBR head, Richard Hughes, resigned after a report found Budget details were released early, and Rachel Reeves faces scrutiny over alleged data concealment.
Read at www.independent.co.uk
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