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 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 ...

Britain's Office for Budget Responsibility has shifted from an approach of trust towards the finance ministry to one of "trust but verify" after inaccurate spending forecasts provided before March's ...

The armed forces are in line for a £3 billion boost, according to reports, as Rachel Reeves prepares to unveil the Labour ...

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.