The Office for Budget Responsibility (OBR) monitors the UK government's spending plans and performance. Twice a year, it releases forecasts on the state of the economy and the public finances.

Office for Budget Responsibility. 8 days ago. Faisal Islam: We are heading for significant tax rises. Repeatedly borrowing more is not a long-term solution to rising day-to-day spending pressures.

The head of Britain’s budget watchdog warned that tax increases may not be enough to bring the UK’s spiraling debt burden ...

At the time of the October 2024 Budget, the Office for Budget Responsibility (OBR) forecast that total spending on health and disability benefits would rise from £64.7bn in 2023-24 to £100.7bn ...

And it is much higher than was forecast in the March 2024 Budget. “This serves to highlight the uncertainty surrounding these – or indeed any – fiscal forecasts.

Britain is in trouble. That’s the judgement of the Office for Budget Responsibility (OBR) in their ‘fiscal risks and ...

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The Office for Budget Responsibility said in an annual assessment of its forecasting that its projections had overestimated annual economic growth by an average of 0.7 percentage points when ...

In today's (17 July) King's Speech, Labour confirmed the introduction of 40 bills as part of the government's agenda, including extending powers for the Office for Budget Responsibility (OBR).

Planning reforms to boost economy by £6.8bn, Office for Budget Responsibility forecasts. 26 Mar 2025 By Madeleine Knight. Digital Edition: Planning reforms to boost economy by £6.8bn, Office for ...

Britain's Office for Budget Responsibility revised down its estimate of the country's medium-term potential growth rate to 1.6% from 1.8%, as an ageing population works shorter hours on average ...

Why was the Office for Budget Responsibility created and what does it do? Let us know you agree to data collection on AMP. We and our partners use technologies, such as cookies, ...