Britain’s economic calendar has become crowded with fiscal events, creating an unusual level of anticipation and controversy that distinguishes it from most other major economies. The spectacle of spring statements
All posts tagged in Office for Budget Responsibility
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During the financial crisis of 2009, economic research briefed global policymakers on the dangers of excessive public debt. The book “This Time is Different” by Kenneth Rogoff and Carmen Reinhart
Rachel Reeves is grappling with a significant fiscal setback after the Office for Budget Responsibility opted to lower its outlook for UK productivity growth. This revision is projected to widen
Chancellor Rachel Reeves’s decision to reverse planned income tax hikes has ignited a political dispute and raised questions about the transparency of the United Kingdom’s fiscal process. The reversal arrives
Labour ministers are facing mounting fiscal challenges in the run-up to the highly-anticipated November budget, with Chancellor Rachel Reeves reportedly considering over one hundred separate tax and spending measures to
Rachel Reeves, the Chancellor, finds herself confronting a far larger than anticipated shortfall in the UK’s public finances after the Office for Budget Responsibility (OBR) signalled a significant downgrade to
The Chancellor Rachel Reeves is facing mounting criticism over her approach to the UK’s tax system, with Lord King, former Governor of the Bank of England, warning that her plans
When Rachel Reeves strode into the Treasury just over a year ago pledging to make it the most pro-growth exchequer in the UK’s history, few could have foreseen the difficult
Chancellor Rachel Reeves faces a new challenge as the Office for Budget Responsibility (OBR) prepares to downgrade its key productivity forecast. According to sources within the Treasury, the government’s independent
Labour’s economic strategy is coming under scrutiny as Louise Haigh, a leading contender for the party’s deputy leadership, has called for significant reform of the UK’s independent spending watchdog, the
Rachel Reeves is poised to announce further welfare cuts during her spring statement amid intensified scrutiny following the Office for Budget Responsibility’s (OBR) assessment of her fiscal reforms. The Chancellor
