The suggestion over illegality during Jeremy Hunt’s tenure as chancellor was made by Richard Hughes, the chief executive of the Office for Budget Responsibility (OBR), yesterday. While criticism has ...

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

The UK’s fiscal watchdog accused Treasury civil servants of breaking the law by withholding information before the March ...

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 predicted that Brexit will slash UK trade by 15 per cent in a damning analysis.

The chancellor tells the BBC businesses will have to absorb the costs of paying more National Insurance or give out smaller ...

We outline the key data and charts from the OBR's latest forecasts, bearing in mind Reeves announced £40bn worth of tax hikes ...

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

Britain's Office for Budget Responsibility (OBR) has moved from an approach of trust towards the country's finance ministry to one of "trust but verify" after inaccurate spending forecasts provided ...

Its reports are usually released alongside big government events such as the Budget and Autumn Statement. Before these announcements, the government gives the OBR details of its plans to raise or ...

The Office for Budget Responsibility (OBR) monitors the UK government's spending plans and performance. Twice a year, it releases forecasts on the state of the economy and the public finances.