The Latest Breaking News from OBR

Sunak pours scorn on the OBR’s dire warnings – but the facts speak for themselves

The chancellor would prefer forecasts to be more upbeat, but the economic outlook is unremittingly bleak

The Guardian - UK · Apr 3, 2022

National Minimum Wage: How much extra you will get when wages increase on April 1

Wages are rising from today amid soaring living costs

Wales Online · Apr 1, 2022

Cost-of-living support not targeting benefits claimants, OBR warns Chancellor

The Office for Budget Responsibility told MPs that Rishi Sunak’s support mainly helped those in work instead.

The Independent UK · Mar 28, 2022

How will Chancellor's spring statement affect you and who will benefit from measures?

These are the main points of the Chancellor's spring statement along with the reaction of experts on whether the measures are strong enough

Wales Online · Mar 23, 2022

How will the spring statement affect me?

Chancellor Rishi Sunak has announced additional support as households face the biggest fall to real living standards on record.

The Independent UK · Mar 23, 2022

UK set for biggest fall in living standards since records began, as inflation eats into GDP growth

The chancellor may face mounting pressure to increase help for households in the months ahead with an £830 rise in energy bills in October, the Office for Budget Responsibility has warned

The Independent UK · Mar 23, 2022

Inflation to soar and growth to slow as Ukraine war sends prices spiking – OBR

The Office for Budget Responsibility predicted UK inflation will average 7.4% this year, but could jump to 8.7% in October.

The Independent UK · Mar 23, 2022

UK living standards to fall at fastest pace on record as economy slows and inflation surges

Household disposable incomes to tumble by 2.2% in next 12 months

The Independent UK · Mar 23, 2022

Spring Statement 2022: Sunak raises NI threshold as OBR warns families face record fall in real income

Chancellor hails his ‘largest ever tax cut’ as OBR projects ‘biggest fall in living standards’ on record

The Independent UK · Mar 23, 2022

Interest on Government debt hits February record ahead of spring statement

The Office for National Statistics said interest payments on government debt jumped to £8.2 billion last month, up from £5.4 billion a year earlier.

The Independent UK · Mar 22, 2022