Office for Budget Responsibility

UK faces ‘very difficult trade-offs’ in budget because of Iran war, say analysts

by The Guardian | Jul 28, 2026 | Andy Burnham, Bank of England, Budget, Budget deficit, Business, Economic policy, Economics, Government borrowing, Inflation, Iran, John Healey, Office for Budget Responsibility, Oil, Politics, Public finance, The Guardian, UK news, US-Israel war on Iran | 0 |

Leading thinktank says higher oil prices and inflation will give Andy Burnham a ‘challenging inheritance’Andy Burnham has been warned by a leading thinktank of “very difficult trade-offs in the next autumn budget” if the Iran...

Unemployment set to hit 5.3% this year amid ‘worrying’ rise in young jobless

by The Guardian | Mar 3, 2026 | Business, Economic growth (GDP), Economic policy, Economics, Office for Budget Responsibility, Office for National Statistics, Politics, Rachel Reeves, Society, The Guardian, UK news, Unemployment, Young people | 0 |

OBR raises forecast from 4.9% and downgrades UK’s growth prospects for 2026 – while also warning of war uncertaintyUnemployment in the UK is set to peak this year at a higher rate than previously estimated, with a “worrying”...

Spring forecast: Reeves insists Labour has ‘right economic plan’ as 2026 growth downgraded

by The Guardian | Mar 3, 2026 | Business, Economic growth (GDP), Economics, Office for Budget Responsibility, Politics, Rachel Reeves, Spring forecast 2026, The Guardian, UK news | 0 |

Chancellor says she is in close touch with Bank of England governor and is meeting energy companies amid soaring oil and gas pricesBusiness live – latest updatesRachel Reeves insisted Labour has “the right economic plan” for a...

OBR a backseat driver with out-of-date maps, thinktanks tell Rachel Reeves

by The Guardian | Mar 1, 2026 | Business, Economic policy, Economics, Labour, Office for Budget Responsibility, Politics, Rachel Reeves, Tax and spending, The Guardian, UK news | 0 |

Chancellor urged to reform Office for Budget Responsibility to open way to more public investmentRachel Reeves must reform the Office for Budget Responsibility (OBR) to open the way to more public investment, an alliance of...

Boring or bust: Reeves aims to project calm competence in spring budget

by The Guardian | Mar 1, 2026 | Budget 2026, Budget deficit, Business, Economic growth (GDP), Economic policy, Economics, Interest rates, Office for Budget Responsibility, Politics, Rachel Reeves, The Guardian, UK news | 0 |

After 18 months of policy U-turns and political turmoil we are told not to expect any last-minute policy rabbitsPoliticians tend to hate being boring but Rachel Reeves will be delighted if Tuesday’s spring forecast is judged by...

Brighter UK economy gives Reeves a springboard for March statement

by The Guardian | Feb 20, 2026 | Budget, Business, Economic growth (GDP), Economic policy, Economics, Government borrowing, Inflation, Interest rates, Office for Budget Responsibility, Politics, Rachel Reeves, The Guardian, UK news | 0 |

Record public finances accompany stronger retail sales and business activity but some analysts express cautionThe economic backdrop to Rachel Reeves’s upcoming spring statement appeared to brighten on Friday after a trio of...

UK politics: Starmer says Reform’s pledge to restore two-child benefit cap in full is ‘shameful’ – as it happened

by The Guardian | Feb 18, 2026 | Benefits, Chagos Islands, Disability, Economic policy, Eluned Morgan, GMB union, Keir Starmer, Labour, Local elections, Local government, Minimum wage, National living wage, Office for Budget Responsibility, Plaid Cymru, Politics, Rail transport, Reform UK, Robert Jenrick, Rupert Lowe, Society, State pensions, The Guardian, Trade unions, UK news, Unemployment, Wales, Welfare, Welsh politics, Young people, Youth unemployment | 0 |

Reform UK’s Robert Jenrick has announced party’s plans to cut welfare spendingRobert Jenrick, Reform UK’s Treasury spokesperson, is giving his speech now.He has announced, or confirmed, three measures to cut welfare spending.The...

UK politics: Starmer says Reform’s pledge to restore two-child benefit cap in full is ‘shameful’ – as it happened

by The Guardian | Feb 18, 2026 | Benefits, Chagos Islands, Disability, Economic policy, Eluned Morgan, GMB union, Keir Starmer, Labour, Local elections, Local government, Minimum wage, National living wage, Office for Budget Responsibility, Plaid Cymru, Politics, Rail transport, Reform UK, Robert Jenrick, Rupert Lowe, Society, State pensions, The Guardian, Trade unions, UK news, Unemployment, Wales, Welfare, Welsh politics, Young people, Youth unemployment | 0 |

Reform UK’s Robert Jenrick has announced party’s plans to cut welfare spendingRobert Jenrick, Reform UK’s Treasury spokesperson, is giving his speech now.He has announced, or confirmed, three measures to cut welfare spending.The...

Starmer says Reform’s pledge to restore two-child benefit cap in full is ‘shameful’ – UK politics live

by The Guardian | Feb 18, 2026 | Benefits, Chagos Islands, Disability, Economic policy, Eluned Morgan, GMB union, Keir Starmer, Labour, Local elections, Local government, Minimum wage, National living wage, Office for Budget Responsibility, Politics, Rail transport, Reform UK, Robert Jenrick, Rupert Lowe, Society, State pensions, The Guardian, Trade unions, UK news, Unemployment, Wales, Welfare, Welsh politics, Young people, Youth unemployment | 0 |

Reform UK’s Robert Jenrick has announced party’s plans to cut welfare spendingRobert Jenrick, Reform UK’s Treasury spokesperson, is giving his speech now.He has announced, or confirmed, three measures to cut welfare spending.The...

Jenrick says Reform UK would only allow British nationals to claim benefits – UK politics live

by The Guardian | Feb 18, 2026 | Economic policy, GMB union, Keir Starmer, Labour, Minimum wage, National living wage, Office for Budget Responsibility, Politics, Reform UK, Robert Jenrick, Society, The Guardian, Trade unions, UK news, Unemployment, Young people, Youth unemployment | 0 |

Reform UK’s Treasury spokersperson announces party’s plans to cut welfare spendingRobert Jenrick, Reform UK’s Treasury spokesperson, is giving his speech now.He has announced, or confirmed, three measures to cut welfare...

Reeves urged to reassure MPs over public finances amid £6bn-a-year Send costs

by The Guardian | Feb 13, 2026 | Business, Economics, Education, Office for Budget Responsibility, Politics, Rachel Reeves, Special educational needs, Tax and spending, The Guardian, UK news | 0 |

City analysts say financial market investors will be worried if cost is deducted from budget surplusRachel Reeves is under pressure to reassure MPs over the state of the UK’s public finances, amid concerns that the rising cost...

City minister accused of ignoring £2bn car finance tax loophole

by The Guardian | Jan 25, 2026 | Automotive industry, Banco Santander, Banking, Banks and building societies, Barclays, Business, Corporate governance, Financial Conduct Authority, Financial sector, Lloyds Banking Group, Money, Motor finance, Office for Budget Responsibility, Politics, Regulators, The Guardian, UK news | 0 |

Critics say banks will be able to avoid tax on compensation payouts to victims of £11bn loans scandalThe City minister, Lucy Rigby, has been accused of snubbing taxpayers after she appeared to brush off concerns about a £2bn tax...

Category: Office for Budget Responsibility