Latest in Obrs Qt Assumptions
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The OBR’s mean decision on quantitative tightening
About that headroom…World - Financial Times - October 30 -
The OBR should trust markets on the cost of quantitative tightening
Rules of thumb aren’t helpingWorld - Financial Times - October 29 -
Budget boost to UK economy forecast to fade after two years
The government's official forecaster raises its prediction for UK growth in 2024 and 2025 but reduces it for later years.Top stories - BBC News - October 30 -
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Pompeii DNA evidence contradicts long-held assumptions about victims buried in ash
New DNA analysis of skeletal remains from Pompeii reveals that victims of Vesuvius’s eruption have been wrongly identified.Top stories - NBC News - Yesterday -
Hunt accuses OBR of ‘political intervention’ over spending review
Former chancellor says watchdog’s plan to publish findings of review on Budget day is a ‘significant concern’Business - Financial Times - October 28 -
Jeremy Hunt attempts to block watchdog report on £22bn ‘fiscal hole’
Former chancellor argues publication on Budget day will be used by Labour as ‘political weapon’Business - Financial Times - October 29 -
Treasury failed to disclose ‘material’ spending pressures under Hunt, says OBR
Watchdog says it cannot tell how big ‘black hole’ inherited by Rachel Reeves would have been with full transparencyWorld - Financial Times - October 30 -
UK Treasury breached legal duty by failing to reveal overspend, says watchdog
OBR chair says relationship with finance ministry moving to ‘system of trust but verify’Business - Financial Times - 4 days ago -
Treasury should have told us about overspend by law, says OBR
Richard Hughes, chair of the Office for Budget Responsibility, says officials have questions to answer as to why details of an overspend were not shared.Top stories - BBC News - 4 days ago -
Starmer insists pro-growth policies on way after OBR’s budget warnings – UK politics live
PM says budget just ‘first step’ after watchdog said measures would make no difference to growth over five years. Rachel Reeves is now being interview on ITV’s Good Morning Britain.. She is being ...World - The Guardian - October 31 -
OBR expected markets to be ‘surprised by the budget’; markets brace for US election – business live
Rolling coverage of the latest economic and financial news. Associated British Foods, the owner of discount clothing chain Primark, has posted a 43% rise in pre-tax profits for the last year. . ...World - The Guardian - 4 days ago