Health and disability handouts will rise by a third from £65.7billion this year to £90.9billion by 2028-29, the Office for Budget Responsibility (OBR) predicts.
"All models," the British statistician George Box observed, "are wrong, but some are useful." To which we now turn to the Office for Budget Responsibility, whose Brexit forecasts seem to be holding up remarkably well.
Senior Tories said the Chancellor had to abandon several measures designed to boost growth after the Office for Budget Responsibility (OBR) ruled they were too expensive.
The Chancellor’s Budget confirms that the UK has the highest tax burden in 70 years and does nothing to address the fact that this will be the worst Parliament on record for living standards, according to the Office of Budget…
The Office for Budget Responsibility (OBR), the Government's fiscal watchdog, thinks inflation will average 2.2 per cent over the course of this year and 1.5 per cent in 2025.
The Northern Emancipation Network (NEN), Bauchi state chapter has applauded the state government for commitment to prudence and fiscal responsibility by curbing the cost of governance through its meager allocation to the Governor’s office…
In a report published today, the Conservative Way Forward (CWF) group said forecasting by the Office for Budget Responsibility had misjudged UK borrowing by £630 billion