What if the OBR is too optimistic about growth? March 21, 2024 Chancellors preparing for Budgets fret over their fiscal headroom, but what matters in the long-term is the trend rate of growth. And if the OBR has it’s projections wrong, there will be big consequence for the next government, says Paul Ormerod The Office for Budget Responsibility (OBR) published its economic and fiscal outlook document in [...]
Spring Budget 2024: Why the OBR forecasts should be taken with a side of salt March 6, 2024 These are just forecasts. They will be wrong. This isn't a criticism of the OBR. Forecasting the performance of a £3.3trn economy over five years is just quite hard.
Spring Budget 2024: OBR upgrades UK growth forecasts on lower inflation and growing population March 6, 2024 The OBR is markedly more optimistic than the Bank of England and has upgraded next year's prospects are better than expected