But the only reason Rachel Reeves, the chancellor, will address the House of Commons on Wednesday is because, by law, the Office for Budget Responsibility (OBR) is required to produce two ...

New forecasts by the Office for Budget Responsibility (OBR) show interest rates will stay higher for the rest of the decade than previously predicted, which could make borrowing more expensive for ...

The Office for Budget Responsibility (OBR) has said they have not yet been able to take account of the Employment Rights Bill, which has been championed by the Deputy Prime Minister, in their ...

During Wednesday’s statement, Rachel Reeves enacted further cuts to welfare in order to restore £9.9 billion fiscal headroom that the Office for Budget Responsibility told her would have been ...

The Office for Budget Responsibility used to be king for Labour. The country’s economic forecaster offered the party the chance to cement in the minds of the British electorate that its leaders ...

The Government spent £296.3 billion on welfare in 2023/24, according to the Office for Budget Responsibility (OBR). This is the equivalent of 10.9% of UK GDP (gross domestic product, or the total ...

Chancellor Rachel Reeves has conducted her Spring Statement, at the same time that the Office for Budget Responsibility released its forecast for the UK economy. There were some key announcements, ...

Chancellor Rachel Reeves has delivered her Spring Statement, confirming the 2025 growth estimate for the UK has been halved to 1 per cent by the government's official forecaster ...

The Chancellor has been accused of repeating the same failures she made in her first Budget as she delivered her spring budget.

But the only reason Rachel Reeves, the chancellor, will address the House of Commons on Wednesday is because, by law, the Office for Budget Responsibility (OBR) is required to produce two ...