Uncertainty in the UK’s economic forecasts
How does the Office for Budget Responsibility's forecasts work, and what does this mean for spending policy in the next few years?

The Bill establishes the Office for Budget Responsibility (OBR) on a statutory basis, following its creation after the general election of 2010. It also requires the Treasury to publish a Charter for Budget Responsibility setting out its approach to fiscal policy. The Bill would also confirm a new corporate governance structure for the National Audit Office, under a new paid post of Chair, who would develop a joint strategy with the Comptroller and Auditor General. This Research Paper covers the Bill's House of Commons Committee Stage.
Budget Responsibility and National Audit [HL] Bill: Committee stage report (146 KB , PDF)
The Bill establishes the Office for Budget Responsibility (OBR) on a statutory basis, following its creation after the general election of 2010. It also requires the Treasury to publish a Charter for Budget Responsibility setting out its approach to fiscal policy. The Bill would also confirm a new corporate governance structure for the National Audit Office, under a new paid post of Chair, who would develop a joint strategy with the Comptroller and Auditor General. This Research Paper covers the Bill's House of Commons Committee Stage.
Budget Responsibility and National Audit [HL] Bill: Committee stage report (146 KB , PDF)
How does the Office for Budget Responsibility's forecasts work, and what does this mean for spending policy in the next few years?
This briefing explains how the UK Shared Prosperity Fund will work in practice, and compares it to the EU structural funding that it is intended to replace.
Latest data on government net borrowing and net debt.