The Latest Breaking News from OBR

Capital gains tax: how it works, and the pros and cons of another rise

Increasing the rate of CGT is one of the levers available to the chancellor as he considers revenue-raising options

The Guardian - UK · 8h ago

Critics of UK government’s economic forecaster are ‘shooting the messenger’, say MPs

Treasury committee rejects calls for fundamental reform of independent watchdog the Office for Budget Responsibility

The Guardian - UK · Sep 23

MPs warn Budget watchdog ‘should not be blamed’ for difficult decisions

Members have also rejected “siren calls” for it to be fundamentally reformed in a new committee report.

The Independent UK · Sep 22

A positive new report raises the question: was Reeves undermined by dodgy data?

Assessment’s finding of a jump in UK productivity emphasises urgent need to appoint a national statistician

The Guardian - UK · Aug 16

UK economy ‘may grow by only 0.3% next year if Middle East disruption goes on’

Internal modelling from the Treasury suggests UK GDP could see growth as low as 0.3% in 2027.

Evening Standard · Aug 12

Union calls for robust review of OBR over fears it holds back economic growth

TUC will urge John Healey to order ‘root and branch’ assessment of watchdog amid claims its forecasts downplay investment benefits

The Guardian - UK · Aug 8

London vs the machines: three in four jobs are at risk to AI

Sadiq Khan needs to come up with an AI plan soon, writes Chris Blackhurst — or it’s time to brush up on those floristry skills...

Evening Standard · Jul 27

Millions to retire later under state pension age increase plans – here’s who’s affected

Around five millions workers could lose out under the plans, according to a report by the Office for Budget Responsibility

The Independent UK · Jul 15

UK could lose two million workers if taxes keep rising, OBR warns

Effects of ‘fiscal drag’ could cut incentive to work

The Independent UK · Jul 8

Pension triple lock to be key driver of public spending pressure, says OBR

Under the triple lock, the UK’s state pension rises each year by whichever is highest out of inflation, wage growth or 2.5%.

Evening Standard · Jul 7