Britain's government borrowed almost 15 billion pounds more in the financial year that just ended than official budget ...

Britain's government borrowed 151.9 billion pounds ($202.07 billion) over the course of the 2024/25 financial year, ...

UK government borrowing exceeded official forecasts made just last month, highlighting the fragile state of the public ...

Of all the blunders Rachel Reeves has made since becoming Chancellor, none has been greater than her empowerment of the Office for Budget Responsibility (OBR). This 'independent' forecaster ...

The Office for Budget Responsibility used to be king for Labour. The country’s economic forecaster offered the party the chance to cement in the minds of the British electorate that its leaders ...

The Office for Budget Responsibility has halved the UK growth forecast for 2025 from 2% to 1%, Chancellor Rachel Reeves has said. However, the fiscal watchdog said that while growth has been ...

But the only reason Rachel Reeves, the chancellor, will address the House of Commons on Wednesday is because, by law, the Office for Budget Responsibility (OBR) is required to produce two ...

While the Conservatives have insisted they provided all necessary information, Reeves pushed forward with the Budget Responsibility Law as part of her pledge to further strengthen the OBR to avoid ...

The government said the sweeping cuts to welfare announced last week would save £5bn for the Treasury, but the Office for Budget Responsibility (OBR) is said to have rejected the estimate ...

Rachel Reeves confirmed the Office for Budget Responsibility had revised the UK’s growth forecast for 2025 from 2% in the autumn to just 1% today The Chancellor laid out further benefits cuts ...

By Will Dunn In her Spring Statement speech on Wednesday, Rachel Reeves mentioned the Office for Budget Responsibility (OBR) 19 times. It was supposed to be a speech about how well the Labour ...