An inquiry into the role of the UK government's economic forecaster is being launched by a group of MPs, after the body came under intense scrutiny in the run-up ...

The chancellor is facing a larger-than-expected gap in initial Budget numbers as a result of long-running poor productivity in the UK economy.The downgrade to productivity performance from the government's ...

Workers will take most of the hit from the upcoming increase to employers' National Insurance (NI) contributions, the government finances watchdog has said.At the Budget, Chancellor Rachel Reeves said ...

Getty ImagesThe Budget will only “temporarily boost” the economy, according to official forecasts, throwing into question the government’s promises to reboot growth.The pace of growth will peak next year ...

Why was the Office for Budget Responsibility created and what does it do? Source link

A new law is set to prevent any future government from sidelining the UK's independent forecaster from assessing its economic plans like former prime minister Liz Truss did for ...