Office for Budget Responsibility
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The Office for Budget Responsibility (OBR) is a non-departmental public body funded by the HM Treasury, that the UK government established to provide independent economic forecasts and independent analysis of the public finances. It was formally created in May 2010 following the general election (although it had previously been constituted in shadow form by the Conservative Party opposition in December 2009) and was placed on a statutory footing by the Budget Responsibility and National Audit Act 2011. The OBR is one of a growing number of official independent fiscal watchdogs around the world.[1]
Related Document
| Title | Type | Publication date | Author(s) | Description |
|---|---|---|---|---|
| Document:Britain didn’t vote Labour just to get a new iron chancellor | Article | 4 August 2024 | William Keegan | The economic damage wrought by Brexit continues. Our investment and growth prospects would benefit enormously if Starmer and Reeves abandoned this policy of “no return to the customs union, single market or freedom of movement”. I repeat what I have said before: the Labour manifesto commits it to removing unnecessary barriers to trade. But Brexit is the most formidable barrier of all! |
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References
This page imported content from Wikipedia on 4 August 2024.Wikipedia is not affiliated with Wikispooks. Original page source here
