Dossier
Office for Budget Responsibility
Coverage of Office for Budget Responsibility in the Nexus archive.
- Burnham warned of ‘unsustainable’ public finances by UK fiscal watchdog
The UK fiscal watchdog, the Office for Budget Responsibility, warned Burnham about unsustainable public finances in its annual report, urging urgent spending cuts.
- Haskel picked to be new head of UK fiscal watchdog
Haskel has been selected as the new head of the UK's fiscal watchdog. The position at the Office for Budget Responsibility has been vacant for six months following a Budget leak last year.
- UK undershoots annual borrowing target by £700m
The UK government borrowed £132bn for the financial year ending in March, undershooting its £132.7bn target by £700m. However, the ongoing Iran war is expected to disrupt fiscal 'headroom' calculated by Chancellor Rachel Reeves in the coming months.