Britain’s fiscal watchdog, reckoned she had over-egged the savings by a billion-plus. Cue a hasty rejig and even deeper cuts.

The chair of Britain's Office for Budget Responsibility, Richard Hughes, said on Tuesday that he had asked to serve a second five-year term heading the body that produces independent growth and ...

Of all the blunders Rachel Reeves has made since becoming Chancellor, none has been greater than her empowerment of the Office for Budget Responsibility (OBR). This 'independent' forecaster ...

UK Office for Budget Responsibility questioned over Spring Statement [This post contains video, click to play] Source: ...

The Office for Budget Responsibility has halved the UK growth forecast for 2025 from 2% to 1%, Chancellor Rachel Reeves has said. However, the fiscal watchdog said that while growth has been ...

The Chancellor will set out the measures as she delivers her spring statement in response to a gloomy economic assessment by ...

The UK’s foreign secretary David Lammy has said Britain is “preparing for the worst”, after Downing Street admitted Britain ...

Labour has merged two infrastructure bodies into one to “get a grip” on the delivery of new roads, schools and hospitals to ...

Chancellor Rachel Reeves has delivered her Spring Statement, confirming the 2025 growth estimate for the UK has been halved ...

Angela Rayner 's workers' rights overhaul could have a "negative" impact on employment, a member of the budget watchdog has ...

UK Chancellor Rachel Reeves did the minimum to preserve her credibility with markets when she restored her fiscal buffer to ...