#office-for-budget-responsibility

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#uk-treasury

Treasury may have broken law by failing to reveal 9.5bn spend in Tory budget, MPs told

Treasury officials may have violated legal obligations by not informing lawmakers about unreported spending, impacting fiscal forecasts.
Transition to 'trust but verify' could prevent future oversight failures in fiscal management.

Treasury accused of hiding 9.5bn 'black hole' in budget, says OBR chief

The UK Treasury possibly violated the law by not sharing £9.5 billion in spending data needed for accurate public financial forecasts.

Treasury may have broken law by failing to reveal 9.5bn spend in Tory budget, MPs told

Treasury officials may have violated legal obligations by not informing lawmakers about unreported spending, impacting fiscal forecasts.
Transition to 'trust but verify' could prevent future oversight failures in fiscal management.

Treasury accused of hiding 9.5bn 'black hole' in budget, says OBR chief

The UK Treasury possibly violated the law by not sharing £9.5 billion in spending data needed for accurate public financial forecasts.
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#public-spending

UK national debt could reach nearly 300% of GDP in next 50 years

The UK's national debt is on an unsustainable path, projected to nearly triple relative to GDP within 50 years.

National debt forecast to treble over next 50 years

UK national debt is projected to treble in the next 50 years due to ageing population, climate change, and geopolitical tensions.

Treasury didn't reveal spending pressures, says watchdog

The Treasury failed to inform the OBR about £9.5 billion spending pressures, misleading assessments on public finances.
Chancellor Reeves' tax hikes are linked to previous unfulfilled Tory promises.

OBR warns budget is unlikely to lift economic growth over next five years

Labour's significant spending increases will not improve economic growth rates over the next five years, according to the OBR.

UK national debt could reach nearly 300% of GDP in next 50 years

The UK's national debt is on an unsustainable path, projected to nearly triple relative to GDP within 50 years.

National debt forecast to treble over next 50 years

UK national debt is projected to treble in the next 50 years due to ageing population, climate change, and geopolitical tensions.

Treasury didn't reveal spending pressures, says watchdog

The Treasury failed to inform the OBR about £9.5 billion spending pressures, misleading assessments on public finances.
Chancellor Reeves' tax hikes are linked to previous unfulfilled Tory promises.

OBR warns budget is unlikely to lift economic growth over next five years

Labour's significant spending increases will not improve economic growth rates over the next five years, according to the OBR.
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#labour-party

Catastrophic cost of Brexit on UK trade revealed in stark OBR warning

Brexit will significantly reduce UK trade by 15% according to the OBR.
Labour rules out rejoining EU customs union or single market in economic strategy.

Budget watchdog will break impartiality, claims Hunt

The UK financial watchdog's review may politically impact the upcoming Budget and Labour's planned tax rises.

Rachel Reeves: New chapter ahead, shadow chancellor promises business

Labour promises to bring about a new economic chapter in Britain.
Rachel Reeves vows to reform the Treasury under a possible Labour government.

Catastrophic cost of Brexit on UK trade revealed in stark OBR warning

Brexit will significantly reduce UK trade by 15% according to the OBR.
Labour rules out rejoining EU customs union or single market in economic strategy.

Budget watchdog will break impartiality, claims Hunt

The UK financial watchdog's review may politically impact the upcoming Budget and Labour's planned tax rises.

Rachel Reeves: New chapter ahead, shadow chancellor promises business

Labour promises to bring about a new economic chapter in Britain.
Rachel Reeves vows to reform the Treasury under a possible Labour government.
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#jeremy-hunt

Jeremy Hunt calls on government not to release OBR review into his spending plans

Jeremy Hunt opposes the release of an OBR review on budget day, claiming it politicizes the watchdog and undermines impartiality.

Lack of budget details led to work of fiction' forecasts last year, says OBR chief

Jeremy Hunt's economic forecasts last year were criticized by the Office for Budget Responsibility for being based on questionable assumptions.
The OBR chair, Richard Hughes, warned that the tiny margin for error in the government's debt-reduction rules leaves little room for changing assumptions and data revisions.

Jeremy Hunt calls on government not to release OBR review into his spending plans

Jeremy Hunt opposes the release of an OBR review on budget day, claiming it politicizes the watchdog and undermines impartiality.

Lack of budget details led to work of fiction' forecasts last year, says OBR chief

Jeremy Hunt's economic forecasts last year were criticized by the Office for Budget Responsibility for being based on questionable assumptions.
The OBR chair, Richard Hughes, warned that the tiny margin for error in the government's debt-reduction rules leaves little room for changing assumptions and data revisions.
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Reeves pushes for OBR to upgrade growth forecasts amid planning reforms

Labour is advocating for planning reforms to boost economic growth and influence government budget strategies.

Amid the Tories' fiscal disasters, one change has quietly warped how we see public spending for ever | Jonathan Portes

The creation of the Office for Budget Responsibility (OBR) has significantly influenced the policy debate on tax and spending in the UK since its establishment in 2010.
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