Government recommends boost to OBR capacity

HMT-09-15

A Treasury review has concluded that the OBR is a “respected and successful” organisation five years after its creation. It recommends boosting the OBR’s current capacity and a new publication on fiscal risks, but rejects extending its remit to manifesto costings and distributional analysis.

What else is new

3rd September 2015

The Chancellor has nominated Robert Chote to serve a second and final term as Chair of the OBR. Appointments to the Budget Responsibility Committee are subject to Treasury Select Committee approval. Read the Treasury press release on GOV.UK

11th August 2015

Our latest economic and fiscal forecast shows how the new Government has used its first Budget to loosen significantly the impending squeeze on public services spending that had been pencilled in by the Coalition in March. This is being financed by welfare cuts, net tax increases and three years of higher government borrowing. The Government has delayed […]

16th July 2015

Our Annual report and accounts for the year ending 31 March 2015 was laid in Parliament on 16 July 2015. The Annual report sets out details of the structure and staffing of the OBR, alongside audited financial accounts.

What we do

The Office for Budget Responsibility:

  • produces forecasts for the economy and public finances,
  • judges progress towards the Government's fiscal targets,
  • assesses the long-term sustainability of the public finances,
  • scrutinises the Treasury's costing of tax and welfare measures.

...read more

What's coming

22
SEP
Public finances release
21
OCT
Public finances release
20
NOV
Public finances release

More of what's coming