The Latest Breaking News from Office for Budget Responsibility

Office for Budget Responsibility asked to prepare a forecast

Chancellor Jeremy Hunt will give his Spring Budget on March 15, spelling out further the direction for the economy after he spelt out years of spending cuts in his Autumn Statement

The Office for Budget Responsibility forecasts a 13.4 per cent rise in people placed on health and disability benefits

The small print of the Office for Budget Responsibility report published alongside Chancellor Jeremy Hunt’s Autumn Statement shows the bill for more sickness and disability benefits will cost £7.5billion a year.

Office for Budget Responsibility stats released with Chancellor Jeremy Hunt’s Autumn Statement last week revealed net migration will rise from a March estimate of 129,000 in 2026 to 205,000

THE UK economy is in recession. Taxes are at their highest in 70 years. According to the Office for Budget Responsibility, living standards are…

Editorial: No one likes having to pay more, but hard times and Jeremy Hunt’s autumn statement have put the issue at the centre of politics

UK Chancellor Jeremy Hunt has produced a highly political autumn statement that throws forward major cuts in public spending to after the next general election. The accompanying economic forecast by the government’s Office for Budget Responsibility (OBR) confirms that the country is facing a recession, with unemployment rising, inflation still…

Jeremy Hunt insisted the UK would find a way to improve trading ties with the EU without rejoining the single market.