Britain’s Office for Budget Responsibility, a slimmed-down version of the Congressional Budget Office in the US, may be just 15 years old but it’s already one of the most powerful players in the ...

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 ...

Prime Minister Sir Keir Starmer has criticised how the Office for Budget Responsibility watchdog has analysed the impact of ...

The minister told the BBC the changes were prompted by the spending watchdog, the Office for Budget Responsibility (OBR), taking “a slightly different number” than the Government in its ...

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 Chancellor will set out the measures as she delivers her spring statement in response to a gloomy economic assessment by the Office for Budget Responsibility (OBR). The watchdog’s assessment ...

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 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 ...

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

British lawmakers and the public are waiting to see if Reeves will stick to her self-imposed spending and debt rules.