The Latest Breaking News from OBR

COMMENT: A slowdown at the top end of London’s property market is the latest indicator that individuals with a high net worth are hedging their bets on Britain, says Knight Frank’s Simon Gammon. The government can no longer bank on a globally minded minority to fund massive imbalances in taxing…

COMMENT: Nigel Farage’s plan to halve crime – by spending £17bn on building ‘Nightingale prisons’, jailing for life those convicted three times, and sending Britain’s worst offenders to jail in El Salvador – simply doesn’t add up. But should we be worried that neither Labour nor the Tories seem able…

Richard Hughes, facing the Commons Treasury Committee, rejected the suggestion the Office for Budget Responsibility’s forecast was now driving policy.

Labour is being pulled one way by a desire to cut debt and the other by slumping poll ratings. With growth nowhere to be seen, tax rises loom

Exclusive: Announcement expected as part of series of changes outlined in chancellor’s Mansion House speech

Here are the most stark warnings in the Office for Budget Responsibility’s report

Richard Hughes told a briefing in Liverpool that the projected rise in state pension spending would contributed to growing UK national debt.

Successive governments’ efforts to put the UK public finances have met with only “limited and temporary success” says watchdog

Office for Budget Responsibility warns national debt on course to hit 270% of GDP by 2070 amid volatility