The independent fiscal watchdog will deliver a forecast to the Chancellor next week as the fall-out from the mini-budget continues.
The Prime Minister and Chancellor Kwasi Kwarteng held crunch talks with experts from the Office for Budget Responsibility (OBR) this morning which lasted less than 48 minutes, the Mirror reports. Richard Hughes, Andy King and Professor David Miles, members of the OBR's budget responsibility committee, were seen walking into No11 at 9.45am, and they emerged again at 10.33am.
In a statement after the meeting, the watchdog said it would provide a forecast to the Chancellor on October 7 based on "our independent judgement about economic and fiscal prospects and the impact of the Government’s policies." It will "set out the full timetable" up to the next financial statement on November 23 next week, the OBR said.
