Rachel Reeves, the chancellor, will on Wednesday have to respond to the OBR’s forecast for taxes, spending and borrowing ...

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 is ...

The Office for Budget Responsibility (OBR) downgraded growth for 2025 but upgraded it for every year after for the rest of ...

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 Office for Budget Responsibility (OBR) has said they have not yet been able to take account of the Employment Rights Bill ...

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 ...

Chancellor Rachel Reeves has delivered her Spring Statement, confirming the 2025 growth estimate for the UK has been halved to 1 per cent by the government's official forecaster ...

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

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 ...