The Treasury should have disclosed a £9.5bn overspend in the public finances in the run-up to the previous government's ...

The Treasury has a large number of public servants managing departmental budgets.“We had assumed that that system had ...

The Office for Budget Responsibility (OBR) monitors the UK government's spending plans and performance. Twice a year, it ...

Just when it seemed that inflation was finally coming under control, the government has announced a big increase in public ...

Richard Hughes holds a press conference after Labour's Budget was announced on Wednesday, 30 October. Rachel Reeves, the UK's ...

The Office for Budget Responsibility has increased forecasts for both house prices and future mortgage rates compared to its ...

Chancellor of the Exchequer Rachel Reeves was left with £18 billion ($23 billion) less headroom in her spending plans after ...

In today’s Budget announcement, chancellor Rachel Reeves said the Office for Budget Responsibility expects inflation to remain above the Bank of England’s 2 per cent target for several years.

Millions of working people will suffer from Rachel Reeves’ Budget tax raid, the Government’s fiscal watchdog has warned.

The Treasury may have broken the law by failing to reveal a near £10billion black hole which the Labour government ended up inheriting, MPs were told The head of Office for Budget Responsibility ...

The fiscal watchdog said inflation is expected to be 2.6% next year, significantly ahead of a previous prediction of 1.5%.