UK 'Growth Emergency' as Budget Forecasts Downgraded
Business Secretary Peter Kyle admits Britain faces a growth emergency as OBR prepares to downgrade economic forecasts. Read the full analysis of Labour's economic challenges.
Category : Search result: OBR report
UK's 'Growth Emergency' Ahead of Budget
Chancellor Rachel Reeves confronts a 'growth emergency' with the OBR set to issue its most pessimistic economic forecasts in 15 years. Discover the Budget's potential impact.
OBR to downgrade UK growth forecasts in Budget blow
Britain's fiscal watchdog will slash growth forecasts for every year of this parliament, dealing a major blow to Rachel Reeves's Budget plans. Read the full analysis.
Government borrowing higher than forecast pre-Budget
UK public sector borrowing reached £17.4bn in October, surpassing official forecasts and putting pressure on Chancellor Rachel Reeves ahead of next week's crucial Budget announcement.
UK Government Borrowing Higher Than Forecast
UK public sector borrowing reached £17.4bn in October, overshooting forecasts and piling pressure on Chancellor Rachel Reeves ahead of next week's crucial Budget announcement.
UK Government Borrowing Hits £17.4bn, Above Forecast
UK public sector borrowing reached £17.4bn in October, higher than forecast, putting pressure on Chancellor Rachel Reeves ahead of the Budget. Discover the implications.
Government borrowing exceeds forecasts before Budget
Public sector borrowing reached £17.4bn last month, exceeding official forecasts and putting pressure on Chancellor Rachel Reeves ahead of next week's crucial Budget announcement.
Productivity Downgrade Adds £20bn to Budget Deficit
OBR's productivity forecast downgrade creates £20bn fiscal black hole, forcing Chancellor Rachel Reeves to consider significant tax rises ahead of November Budget. Analysis by former Bank of England chief economist Andy Haldane.
TUC demands OBR overhaul ahead of budget
The TUC warns Britain's budget watchdog is hardwired for austerity and strangling growth. Read why a major review is demanded before the autumn budget.
Labour to give OBR veto power over budgets
Shadow Chancellor Rachel Reeves announces radical plan to give Office for Budget Responsibility unprecedented veto power over government budgets, marking significant break from Conservative economic approach.
Reeves demands OBR analysis of Tory spending plans
Shadow Chancellor demands immediate OBR analysis of Tory spending plans, accusing government of hiding economic realities from voters ahead of election.
Starmer demands independent budget vetting for all governments
Labour leader Keir Starmer calls for Office for Budget Responsibility oversight of all government financial plans, challenging Conservative economic credibility ahead of potential election.
Reeves vows Britain will defy economic forecasts
Chancellor Rachel Reeves pledges to confront Britain's economic challenges head-on as OBR downgrades productivity forecasts and warns of potential tax increases ahead.
Rachel Reeves confirms Autumn Budget date
Labour's first major fiscal event set for Autumn as Treasury faces tough decisions on public finances and economic forecasts.
Reeves rules out income tax hikes in budget pledge
Shadow Chancellor commits to no increases in income tax, national insurance, or VAT under Labour government, focusing instead on economic growth and productivity reforms.
UK productivity downgrade sparks tax rise fears
Britain faces a stark economic reckoning as official forecasts slash productivity growth, triggering speculation about imminent tax rises while major corporations voice concerns over investment climate.
No Brexit assessment in Reeves' budget
Chancellor Rachel Reeves reveals the Autumn Budget won't include formal Brexit economic analysis, citing OBR forecasting constraints and prioritising immediate economic challenges.
Reeves gives OBR veto power over budgets
Shadow Chancellor pledges to give Office for Budget Responsibility unprecedented veto power over major tax and spending decisions, learning from Truss's disastrous mini-budget.
Reeves challenges OBR authority in economic power play
Labour Chancellor Rachel Reeves launches bold bid to reshape UK economic oversight, seeking to reduce the Office for Budget Responsibility's influence over fiscal policy in dramatic Whitehall shake-up.
OBR Downgrade Piles Pressure on Chancellor Reeves
The UK's fiscal watchdog has delivered a major blow to the government's economic plans, downgrading a crucial productivity forecast and threatening billions in planned public spending.
Reeves Vows OBR Power Over Labour Manifesto Costings
Shadow Chancellor Rachel Reeves pledges to give the Office for Budget Responsibility new powers to independently cost Labour's election manifesto, marking a major shift in UK economic policy and transparency.
UN Officially Declares Famine in Gaza
The United Nations has officially declared a famine in northern Gaza, marking a devastating escalation in the humanitarian crisis triggered by the ongoing conflict. A new report reveals that 1.1 million people are now facing catastrophic food insecurity.
UN Warns of Imminent Famine in Gaza
A new UN-backed report classifies Gaza's entire population as facing acute food insecurity, with famine projected in northern Gaza by May unless a ceasefire and urgent aid access are secured immediately.
Badenoch criticises OBR over economic forecasts
Business Secretary Kemi Badenoch criticises the Office for Budget Responsibility, accusing it of undermining growth with pessimistic economic projections.
State Pension Age Could Rise to 80
A government review suggests the state pension age may increase to 80, sparking concerns over retirement plans and financial security for millions.
Reeves demands urgent budget review
New Chancellor Rachel Reeves calls for an urgent assessment by the Office for Budget Responsibility to address economic challenges and restore public trust.
Reeves calls for OBR review of RPI inflation measure
Chancellor Rachel Reeves calls on the Office for Budget Responsibility to review Retail Price Index calculations, sparking debate over inflation metrics and fiscal policy.
Tice demands Labour submit policies to OBR review
Richard Tice, leader of Reform UK, challenges Keir Starmer to commit Labour's election promises to independent scrutiny by the Office for Budget Responsibility (OBR) to ensure transparency and accountability.
Starmer and Badenoch clash over economy in fiery PMQs
Labour leader Keir Starmer and Business Secretary Kemi Badenoch locked horns during PMQs, with Starmer accusing the government of economic mismanagement and Badenoch defending the Conservatives' record.
Reeves slams govt over OBR scrutiny block
Shadow Chancellor Rachel Reeves accuses the government of undermining economic credibility by blocking the OBR from reviewing Labour's manifesto pledges.
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