News Muncher - searching for obr

1 month, 2 weeks ago

Will school fees and farmers prove a roadblock to Labour’s Budget plans?

The mantra, repeated by the prime minister at PMQs, is that the first Labour Budget in 14 years is “fixing the foundations”. “Working people” were plainly affected by the changes to employers’ national insurance contributions, and the earlier cuts to pensioners’ winter fuel payments are still resented. When this was raised at the select committee hearing by the chair, Dame …

Labour Budget Treasury Reeves Obr School Fees Vat

1 month, 2 weeks ago

Reeves faces grilling by MPs over Budget measures

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. The Budget was constrained by two self-imposed “fiscal rules” …

Tax Budget Treasury

1 month, 2 weeks ago

Jeremy Hunt’s Treasury may have broken the law by hiding Budget black hole, says OBR

The Independent

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors }} Treasury officials under …

Law Information Budget Treasury Email Westminster Email View

1 month, 2 weeks ago

OBR watchdog warns costs of government projects could SOAR after Rachel Reeves' tore up fiscal rules to rush through extraordinary spending splurge

Daily Mail

The bill for government projects could soar after Rachel Reeves tore up fiscal rules to rush through a spending splurge. OBR chair Richard Hughes told MPs that the Chancellor's decisions would put pressure on the labour market and drive higher inflation. OBR chair Richard Hughes told MPs that the Chancellor's decisions would put pressure on the labour market and drive …

Budget Treasury Spending Obr Ms Reeves Fiscal Public Spending

1 month, 2 weeks ago

Worst of Britain’s Brexit pain is still to come, admits Treasury minister

The Independent

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. In a damning …

Trade Brexit Independent Treasury Minister Britain European

1 month, 3 weeks ago

Yes, the Budget was disappointing – but not for the reasons you think

The Independent

Looking back, it’s hard to choose: the name-checking of a primary school in Hartlepool, or the potholes. In her first Budget – Labour’s first for 14 years, and the first to be delivered by a woman – chancellor Rachel Reeves said the school in the northeast of England would be rebuilt, and that an extra £500m would be spent on …

Budget Reeves Britain Cent Growth

1 month, 3 weeks ago

Budget market reaction ‘very different’ from Liz Truss turmoil, minister insists

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The UK is in a …

Market Budget Treasury Increase Working People Ms Reeves Liz Truss

1 month, 3 weeks ago

Government borrowing costs rise further after Budget

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Government borrowing costs leapt higher …

Budget Sign Borrowing Thursday Afternoon

1 month, 3 weeks ago

Rachel Reeves gambles on £40bn tax rise in her first Budget

The Independent

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors }} Rachel Reeves gambled …

Growth Tax Budget Public Services Public Cent Reeves

1 month, 3 weeks ago

‘Slap in the face’ for working people as IMF praises Reeves’s Budget

The Telegraph

The International Monetary Fund has been criticised for praising Rachel Reeves’s “gloom and bust Budget” despite official forecasts showing it will drag on growth and hit living standards. The IMF applauded Ms Reeves’s first fiscal event for “sustainably” raising revenue, after she announced a string of levy increases hitting workers, businesses and wealthy people. A spokesman said of the Budget: …

Budget Imf

1 month, 3 weeks ago

Watch: Office for Budget Responsibility responds to Rachel Reeves’ £40bn tax hikes

The Independent

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors }} Watch as chair …

Email Westminster Email View Responsibility Responds

1 month, 3 weeks ago

Budget watchdog finds £9.5bn shortfall in previous government’s spending plans

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. The Office for Budget Responsibility has uncovered £9.5 billion …

Government Information Budget Spending Public Billion Obr

1 month, 3 weeks ago

Catastrophic cost of Brexit on UK trade revealed in stark OBR warning

The Independent

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy …

Brexit Obr Uk Trade

1 month, 3 weeks ago

UK economic growth upgraded this year amid ‘temporary boost’ from spending

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The UK economy is set …

Growth Inflation Budget Economic Growth Sign Obr Expected

1 month, 3 weeks ago

Inflation set to stay above 2% for next four years, says OBR

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy UK inflation is set to …

Inflation Obr

1 month, 3 weeks ago

Millions of working people will suffer from Reeves’s first Budget, warns OBR

The Telegraph

Millions of working people will suffer from Rachel Reeves’ Budget tax raid, the Government’s fiscal watchdog has warned. Workers will pay for 80pc of the Chancellor’s increase in employer National Insurance in the long term through lost wage increases and lower income, according to the Office for Budget Responsibility. Homeowners also face hundreds of pounds more in mortgage bills, with …

Tax Obr Working People

1 month, 3 weeks ago

The charts that show why Reeves has condemned Britain to a low-growth future

The Telegraph

Ms Reeves’s decision to ramp up employers’ National Insurance will not help, as it imposes costs on businesses – which will be less likely to hire workers as a result – and on staff, who can expect smaller wage increases as a result of the policy. The OBR said higher pay growth in the near term would be followed by …

Growth Pension Age Reeves Britain Obr Rise

1 month, 3 weeks ago

Hunt accused of trying to ‘blame the referee’ over OBR ‘black hole’ review

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Shadow chancellor Mr Hunt has written to the country’s …

Treasury Hunt Ms Reeves Mr Hunt Independent Obr

1 month, 3 weeks ago

Budget ‘most honest’ in years, Cabinet minister claims

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Chancellor of the Duchy of Lancaster Pat McFadden said …

Budget Minister Working Obr Expected Working People Mr Mcfadden

1 month, 3 weeks ago

Keir Starmer tells Brits they face a 'harsh reality': Prime Minister issues a new tax warning as Labour's Budget is set to batter employers with a major national insurance rise

Daily Mail

VAT on private school fees and non-dom crackdown - likelihood 10/10 The Labour manifesto committed to scrapping non-dom status, adding VAT to private school fees and increasing stamp duty on buyers from abroad. Employer national insurance - 9/10 Rachel Reeves looks almost certain to increase employer NICs, despite claims it is a 'straightforward breach' of the Labour manifesto. Capital gains …

Tax Labour Pension Rate Reeves Set Isa

1 month, 3 weeks ago

Hunt accuses Budget watchdog of political bias

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. “Proceeding in this way would cross a line which …

Tax Labour Budget Report Public Obr Hunt

1 month, 3 weeks ago

How the OBR got drawn into a political storm

The Telegraph

As Hughes has admitted, it was the independent OBR’s decision to conduct a full-scale audit and when to publish. In an exchange with Kit Malthouse, the former education secretary, Hughes categorically denied that the OBR’s review was solicited by or co-ordinated with the Treasury. After all, the Treasury’s permanent secretary is also involved in signing of public spending plans and, …

Treasury Obr Hughes

1 month, 3 weeks ago

‘Biased’ OBR paving way for Rachel Reeves’s tax grab, warns Jeremy Hunt

The Telegraph

Ms Reeves and the Prime Minister have denied the NI tax increase will breach their pledge not to raise income tax, NI or VAT on “working people” as it is targeted at employers rather than employees. On Sunday, Bridget Phillipson, the Education Secretary, refused to say whether a small business owner earning £13,000 a year is a “working person” who …

Business Tax British Working Obr

2 months ago

Rachel Reeves to push forward with £3bn sickness benefits cut in Budget

The Independent

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Asked why Labour was pressing ahead with plans made by …

Tax Labour Budget Work Cabinet Reeves Cut

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Search results for obr

Will school fees and farmers prove a roadblock to Labour’s Budget plans?

Reeves faces grilling by MPs over Budget measures

Jeremy Hunt’s Treasury may have broken the law by hiding Budget black hole, says OBR

OBR watchdog warns costs of government projects could SOAR after Rachel Reeves' tore up fiscal rules to rush through extraordinary spending splurge

Worst of Britain’s Brexit pain is still to come, admits Treasury minister

Yes, the Budget was disappointing – but not for the reasons you think

Budget market reaction ‘very different’ from Liz Truss turmoil, minister insists

Government borrowing costs rise further after Budget

Rachel Reeves gambles on £40bn tax rise in her first Budget

‘Slap in the face’ for working people as IMF praises Reeves’s Budget

Watch: Office for Budget Responsibility responds to Rachel Reeves’ £40bn tax hikes

Budget watchdog finds £9.5bn shortfall in previous government’s spending plans

Catastrophic cost of Brexit on UK trade revealed in stark OBR warning

UK economic growth upgraded this year amid ‘temporary boost’ from spending

Inflation set to stay above 2% for next four years, says OBR

Millions of working people will suffer from Reeves’s first Budget, warns OBR

The charts that show why Reeves has condemned Britain to a low-growth future

Hunt accused of trying to ‘blame the referee’ over OBR ‘black hole’ review

Budget ‘most honest’ in years, Cabinet minister claims

Keir Starmer tells Brits they face a 'harsh reality': Prime Minister issues a new tax warning as Labour's Budget is set to batter employers with a major national insurance rise

Hunt accuses Budget watchdog of political bias

How the OBR got drawn into a political storm

‘Biased’ OBR paving way for Rachel Reeves’s tax grab, warns Jeremy Hunt

Rachel Reeves to push forward with £3bn sickness benefits cut in Budget