While the Conservatives have insisted they provided all necessary information, Reeves pushed forward with the Budget Responsibility Law as part of her pledge to further strengthen the OBR to avoid ...

British finance minister Rachel Reeves is working out how she can get back on track to meet her budget targets, with spending ...

The Treasury will put the proposed cuts to the government's official forecaster, the Office for Budget Responsibility (OBR), on Wednesday amid expectations the chancellor's financial buffer has ...

The Department of Work and Pensions (DWP) is facing huge budget cuts as Chancellor Rachel Reeves looks to slash billions off ...

The Department of Work and Pensions, responsible for benefits such as Universal Credit and PIP, is to see its budget slashed ...

However, it was £5.1 billion smaller than the £20.5 billion forecast for January 2025 by the Office for Budget Responsibility (OBR) at the time of the October Budget. City commentators said that ...

When contacted, the press office at 10 Downing Street said that this would mean that defence spending would reach £79.7 billion in the year 2027/28 fiscal year, compared to £66.3 billion in the ...

The Office for Budget Responsibility (OBR) has still been commissioned to produce an economic and fiscal forecast for the government in the spring and autumn though. That means the Spring Forecast ...

Chancellor Rachel Reeves is coming under increased pressure to raise taxes or cut public spending as official figures show government borrowing was more expensive than expected, and tax revenue ...

The Office for Budget Responsibility (OBR) monitors the UK government's spending plans and performance. Twice a year, it releases forecasts on the state of the economy and the public finances.