OECD: UK Growth to Slow as Tax Hikes Bite
The OECD forecasts UK growth will slow to 1.2% next year, warning of 'substantial' risks from fiscal tightening. Inflation is set to remain high among G7 nations. Read the full analysis.
Category : Economy
OBR complained to Treasury over budget leaks
The OBR's Prof David Miles told MPs that pre-budget leaks created damaging 'misconceptions' about forecasts and may have hurt economic growth. Discover the full story behind the watchdog's extraordinary intervention.
OECD warns UK tax and spending will slow household consumption
The OECD forecasts UK growth of 1.2% in 2025, outpacing major EU economies, but warns Chancellor Rachel Reeves's fiscal policies will weigh on disposable income and consumer spending. Read the full analysis.
OBR voiced concerns to Treasury over budget leaks
The OBR told MPs it raised concerns with Treasury officials about extensive pre-budget leaks of its forecasts, which it described as "not particularly helpful." Read the full details.
OECD: UK Anti-Migration Policies to Hold Back Growth
The OECD warns Rachel Reeves' Budget, including tax hikes and immigration curbs, will pressure the UK economy, forecasting high inflation and slow growth. Read the full analysis.
OBR warned Treasury over 'unhelpful' Budget leaks
The UK's fiscal watchdog raised serious concerns with the Treasury over policy leaks ahead of the Budget. Read the full details of the row and its implications for economic policy.
Bulgaria Withdraws Budget After Major Protests
Bulgaria's government has withdrawn a controversial budget proposal following mass protests and clashes in Sofia. The move comes as the country prepares for Eurozone entry. Read the full story.
OECD: UK Growth Slows to 1.2% on Fiscal Tightening
The OECD forecasts UK growth will slow to 1.2% in 2026 due to tax hikes and spending cuts, with inflation remaining high. Read the full economic outlook.
OECD: Labour's Migration Policies Slow UK Economic Growth
The OECD warns UK growth is sluggish due to falling migration and productivity. Chancellor Rachel Reeves faces pressure as forecasts show high inflation and rising unemployment. Read the full analysis.
OBR Chief Quits, Escalating Budget 'Lies Storm' for Reeves
Chancellor Rachel Reeves faces escalating pressure as OBR head Richard Hughes resigns amid a bitter row over economic forecasts and Budget leaks. Discover the full story behind the political firestorm.
Reeves' £26bn Tax Rise: Bond Markets, Not Benefits
Analysis reveals Rachel Reeves's budget tax hikes are largely to appease bond investors, not fund welfare. Discover the figures behind the political storm.
Reeves Denies Lying as OBR Timeline Shows Budget Forecast Shifts
Chancellor Rachel Reeves denies misleading the public over the budget as a timeline reveals the OBR's economic forecasts improved before tax rises were announced. Explore the full story.
OBR Chair Resigns as Fiscal Forecasts Spark Political Row
Richard Hughes, chair of the Office for Budget Responsibility, has resigned. The move follows intense scrutiny of the watchdog's economic forecasts and exposes the government's delicate balancing act between political promises and market demands.
Rachel Reeves' economic claims under scrutiny
Chancellor Rachel Reeves defends her fiscal rules amid questions over spending plans. Analysis reveals potential challenges to her economic narrative. Read the full investigation.
OBR Chair Resigns Over Early Budget Publication
Richard Hughes resigns as OBR chair after an inquiry into the early release of Rachel Reeves's budget. Read the full report on the watchdog's 'worst failure'.
Andreas Whittam Smith: The Independent's Principled Founder
Explore the legacy of Andreas Whittam Smith, the founding editor of The Independent, whose unwavering principles and unique leadership style defied commercial pressures and shaped British journalism. Discover his story now.
OBR chief resigns over premature Budget data release
OBR chairman Richard Hughes quits after a report blames the watchdog for the early release of Rachel Reeves' Budget forecasts. The incident is labelled its 'worst failure' in 15 years. Read the full story.
OBR boss quits after Budget documents leaked
Office for Budget Responsibility chairman Richard Hughes has resigned after sensitive details of Rachel Reeves's Budget were published prematurely. Follow for the latest political updates.
OBR demands 'complete change' after Budget leak
The UK's budget watchdog calls for a total overhaul of its sensitive publication process after a technical error released forecasts early. Read the full report and recommended changes.
OBR's 'Worst Failure' as Budget Report Leaks Early
The OBR apologised after its Budget forecast was published an hour early, a blunder it called its worst failure in 15 years. Read the full story of the leak and its fallout.
Watchdog reveals IT failure behind Budget leak blunder
The Office for Budget Responsibility calls its accidental early release of key Budget details the 'worst failure' in its history. Discover the full story and what happens next.
England's 'posh-poor divide' exposed as deprivation borders wealth
A Guardian analysis reveals a stark rise in areas where extreme wealth and deprivation sit side-by-side, separated by mere metres. Explore the human impact of this deepening social divide.
HMRC £897 alert for backdated Child Benefit claims
HMRC urges UK families to claim up to £897 per child in backdated Child Benefit. Learn eligibility, rates, and how to claim via the official app before the deadline.
Starmer defends Reeves, pressures OBR over budget leak
PM Keir Starmer defends Chancellor Rachel Reeves and addresses the OBR budget leak, calling it a 'serious error'. He also reveals he considered breaking a key manifesto pledge. Read the latest.
Business confidence near record low after Budget
A stark IoD survey reveals business confidence has plummeted after the Budget, with leaders forecasting lower revenue and investment. Read the full analysis.
AI Investment Boom: Echo of Dot-Com or Gold Rush?
As AI investment soars, experts question if it's a bubble. Will the fallout cripple the economy or, like the internet, leave lasting value? Analysis of the risks and parallels with history.
William Champions Wales at Major Investment Summit
The Prince of Wales will address over 250 firms at a landmark summit in Newport, promoting Wales as a hub for tech, innovation, and skilled talent. Discover the key sectors and opportunities.
Starmer defends budget as Reeves faces 'black hole' row
Keir Starmer defends Rachel Reeves's budget amid Tory calls for her sacking and public disapproval. The PM pledges welfare reform and deregulation to spur growth.
UK 2026 Growth Forecast Slashed to 1% by KPMG
KPMG predicts UK GDP growth will cool to 1% in 2026, with unemployment rising to 5.2%. Business surveys signal further weakness in services and manufacturing. Read the full economic outlook.
Business Confidence Stuck at Near-Record Lows
A new survey reveals business confidence remains near record lows after the Budget, with hiring and investment plans falling sharply. Discover the full economic impact.
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