The Latest Breaking News from OBR

Kwarteng insists he had ‘no other choice’ but to do something different with economy

Chancellor’s comments come as Liz Truss admits government caused ‘disruption’ of markets

The Independent UK · Oct 1, 2022

Kwasi Kwarteng says he had to do 'something different' after causing budget chaos

The Chancellor Kwasi Kwarteng has defended his mini-budget that sent the financial markets into a spin by saying he was left with "no other choice" and needed to do "something different"

Daily Mirror · Oct 1, 2022

We had no choice but to do something different with economy, says Kwarteng

Liz Truss has admitted the Government caused ‘disruption’ of the markets, but insisted they were right to act.

The Independent UK · Oct 1, 2022

Why OBR forecast is being held back until Kwarteng’s next fiscal plan

Huge policy changes are needed to get UK back on track – so early publication would give an incomplete picture

The Guardian - UK · Sep 30, 2022

The Leader podcast: Could Liz Truss OBR talks be a turning point?

The Prime Minister, Chancellor and the Office for Budget Responsibility have held crisis talks as concerns continue to grow about the economy.

Evening Standard · Sep 30, 2022

Looming D-Day announced for Truss mini-Budget as OBR reveal forecast date

The PM has been under pressure to make a U-turn on the tax-cutting mini-budget policies announced on Friday

Manchester Evening News · Sep 30, 2022

OBR will deliver forecast soon after meeting with Liz Truss and Chancellor

THE Prime Minister and Chancellor will “work closely” with the Office for Budget Responsibility (OBR) in the coming weeks and said they…

The National (Scotland) · Sep 30, 2022

Looming D-Day announced for Truss mini-Budget after crunch 48-minute meeting with experts

The Office for Budget Responsibility (OBR) will deliver a forecast to the Chancellor next week after emergency talks with Liz Truss and Kwasi Kwarteng in Downing Street - but it won't be published until November

Daily Mirror · Sep 30, 2022

UK fiscal watchdog to release analysis of tax-cutting plan

The U.K.’s Office of Budget Responsibility says it will deliver an initial analysis of the government’s economic plan on Oct. 7 following a meeting Friday with Prime Minister Liz Truss

The Independent UK · Sep 30, 2022

Watchdog to deliver verdict on budget next week but Kwarteng won’t publish it

Chancellor sticks to guns by refusing to release OBR analysis on ‘impact’ of tax-slashing package until November

The Independent UK · Sep 30, 2022