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. [ more ]
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. [ more ]
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. [ more ]