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. The OBR ...

The OBR said the last government did not provide them with all available information at former chancellor Jeremy Hunt's last Budget The Treasury should have disclosed a £9.5bn overspend in the public ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK Budget has happened, with the headline figure a £40bn tax increase. British families — squeezed by years ...

Rachel Reeves would like to reduce the OBR’s power, limiting the watchdog’s forecast to once a year - Dan Kitwood/Getty Images Britain’s fiscal watchdog is poised to deliver a £20bn blow to Rachel ...

Former chancellor Jeremy Hunt has accused the independent fiscal watchdog of lacking "political impartiality" ahead of its review that could be critical of the Conservative government. The previous ...

A new law is set to prevent any future government from sidelining the UK's independent forecaster from assessing its economic plans like former prime minister Liz Truss did for her short-lived ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer chairs the Treasury select committee of the House of Commons Few institutions are as vital to the UK ...

Labour’s plan to support more people into work through cost-cutting welfare reforms has been called into question by the Office for Budget Responsibility’s (OBR) own economic forecast. Released to ...

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or ...

The OBR assesses the health of the UK's economy. It is independent of government but works closely with the Treasury. Its reports are usually released alongside big government events such as the ...