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Evening Standard
Evening Standard
Harry Taylor

‘OBR needs to change way it forecasts economic performance’, Reeves says

Chancellor Rachel Reeves holds up her ministerial red box in 2024 (Lucy North/PA) - (PA Archive)

Rachel Reeves has called on the Office for Budget Responsibility to do fewer full forecasts, as she said it would make it easier to only do one budget a year.

The Chancellor said she wanted to bring the Government’s policies in line with the International Monetary Fund (IMF), which she said had recommended only having one event a year.

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