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Office for Budget Responsibility

Advisory non-departmental public body in the UK

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Office for Budget Responsibility: Advisory non-departmental public body in the UK
The Office for Budget Responsibility (OBR) is a non-departmental public body funded by the UK Treasury that provides independent economic forecasts and independent analysis of the public finances.

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Word 'uncertainty' features 50+ times in independent assessment of UK public finances

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..
Sky News - Published

UK growth forecast for this year halved, chancellor says

The Office for Budget Responsibility has halved the UK growth forecast for 2025 from 2% to 1%, Chancellor Rachel Reeves has said.
Sky News - Published

Labour vows to strengthen role of OBR 'to bring stability back to economy'

Labour has pledged legislation requiring future governments to get an independent impact assessment of any significant tax and spending commitments they wish to make.
Sky News - Published

Budget in focus as borrowing in year to date is £30bn less than predicted

Public borrowing in the financial year to date is £30.6bn less than predicted by the Office for Budget Responsibility, according to the last set of official figures before next month's budget.
Sky News - Published

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