The Latest Breaking News from OBR

Late data from one business means UK wage growth may need to be revised, says ONS

Caveat from statistics agency is latest sign of its problems collecting reliable economic data

The Guardian - UK · Mar 26, 2025

Rachel Reeves set to announce further benefit cuts in Spring Statement

RACHEL Reeves is expected to announce further cuts in her Spring Statement on Wednesday, with more funding for the welfare budget expected to be…

The National (Scotland) · Mar 26, 2025

Rachel Reeves ‘set to impose further welfare cuts worth £500m’

The Office for Budget Responsibility is said to have rejected the Treasury’s saving estimates from last week’s welfare cuts, paving the way for even more difficult choices

The Independent UK · Mar 26, 2025

Rachel Reeves to announce extra £2.2billion defence spending in Spring Statement

Ms Reeves will insist the spending is the ‘right decision in a more insecure world’

Evening Standard · Mar 25, 2025

Reeves gets budget watchdog’s verdict as she hunts for elusive economic growth

Chancellor Rachel Reeves will set out how she will balance the books against a backdrop of economic stagnation.

The Independent UK · Mar 25, 2025

What are Rachel Reeves’s fiscal rules and could they be changed?

What are the economic constraints that underpin the chancellor’s spring statement – and why does she see them as vital?

The Guardian - UK · Mar 23, 2025

Budget 2025: What time is the Spring Statement – and what will be in it?

There have been several big policy announcements in the run-up to the event, most recently welfare changes to achieve £5 billion in spending cuts by 2029/30

The Independent UK · Mar 21, 2025

Pressure on Rachel Reeves as borrowing rises and 'economic growth forecast halved'

PRESSURE is piling on Chancellor Rachel Reeves as UK Government borrowing soared above forecasts last month – and reports say growth forecasts…

The National (Scotland) · Mar 21, 2025

‘Does it score?’ How the OBR became the key arbiter of the Treasury’s sums

Chancellor has very little headroom within her fiscal rules but is keen to keep Office for Budget Responsibility on side

The Guardian - UK · Mar 21, 2025

Jeremy Hunt hits out at ‘hyperbolic’ Brexit claims of backers like Boris Johnson

Ex-chancellor criticises ‘hyperbolic’ projections as report which claims economic impact of leaving the European Union less than previously thought

The Independent UK · Mar 19, 2025