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Results for "Office for Budget Responsibility (OBR)"

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UK's Reeves Forecasts GDP Growth
PoliticsYahoo5mo ago

UK's Reeves Forecasts GDP Growth

UK Shadow Chancellor Rachel Reeves announced that the Office for Budget Responsibility (OBR) forecasts a GDP growth of 1.1% for the UK economy in 2026.

UK Debt Warned to Become 'Explosive' Without Immediate Action
PoliticsThe GuardianThe Independent1mo ago2 sources

UK Debt Warned to Become 'Explosive' Without Immediate Action

The Office for Budget Responsibility (OBR) has warned that the UK's national debt is on an 'unsustainable' path and will grow 'explosively' if not addressed by future governments. They urged prompt action to change the current trajectory of public finances.