Office for Budget Responsibility

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Critics of UK government’s economic forecaster are ‘shooting the messenger’, say MPs

Treasury committee rejects calls for fundamental reform of independent watchdog the Office for Budget ResponsibilityAttacks on the government’s independent economic forecaster from left and right of the political spectrum are akin to “shooting the mess…

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UK reports unexpected deficit of £1.8bn as John Healey prepares for first budget

July data shows total public debt was £2.98tn, or 94% of GDP – up £96bn on a year earlierBusiness live – latest updatesThe UK government ran a larger than expected £1.8bn deficit in July, underlining the challenges facing the chancellor, John Healey, a…

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Union calls for robust review of OBR over fears it holds back economic growth

TUC will urge John Healey to order ‘root and branch’ assessment of watchdog amid claims its forecasts downplay investment benefitsThe TUC is urging the new chancellor, John Healey, to order a “root and branch” review of the Office for Budget Responsibi…

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