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 ...

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 Office for Budget Responsibility (OBR) has given its latest take on the economy, and it's full of big changes to its economic projections but also plenty of red flags about the levels of ...

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 ...

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

The Office for Budget Responsibility has warned such a move would be devastating for the chancellor's economic plans.

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 ...