Office for Budget Responsibility

OBR Forecast Error Cuts Reeves’ Budget Headroom by £18 Billion

A major calculation error by the Office for Budget Responsibility (OBR) has reduced Chancellor Rachel…

UK Debt Set to Triple, Warns Financial Watchdog

The UK’s national debt to soar to an unprecedented level, with experts forecasting it will…

Labour Faces Daunting Economic Legacy Amidst Rising Borrowing Concerns

Labour has described its inheritance as the worst economic situation since the end of the…

Labour Promises No Surprises In Tax Policy

Rachel Reeves, Labour’s shadow chancellor, has committed to maintaining a steady tax policy, pledging no…

Rachel Reeves Poised To Become Britain’s First Female Chancellor

With just five weeks until the July 4 general election, Rachel Reeves has declared her…

Hunt’s Tax Cut Plans Faces Fiscal Hurdles

Jeremy Hunt's pre-election tax cut proposals have hit a snag as government borrowing surged above…

Record, Monthly Budget Surplus Boosts Jeremy Hunt’s Tax Agenda

Jeremy Hunt received a significant boost as the latest government borrowing figures revealed the UK's…

UK faces Biggest Budget Deficit in Peacetime History

The coronavirus outbreak and the public health measures taken to contain it has delivered one…

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