boris mr sign rise forecast claims burden debt mps duty warns cuts sunak market despite cut bailout budget rachel brexit policy britains interest pensions suggests warned eu fix earnings pandemic

Articles for Obr

Two years of Brexit cost UK $34b
Trending News
3 weeks, 1 day ago

Two years of Brexit cost UK $34b

China Daily  

The United Kingdom's decision to leave the European Union's single market and customs union cost the nation 27 billion pounds during the first two years of its full independence, according to a detailed analysis by researchers at the London School of Economics' Centre for Economic Performance. The price tag for the 24 months following the country's January 2021 "final exit" …

Trade Brexit Exit Obr Two Years Tca Uk 34B
Two years of Brexit cost UK $34b
Trending News
3 weeks, 1 day ago

Two years of Brexit cost UK $34b

China Daily  

The United Kingdom's decision to leave the European Union's single market and customs union cost the nation 27 billion pounds during the first two years of its full independence, according to a detailed analysis by researchers at the London School of Economics' Centre for Economic Performance. The price tag for the 24 months following the country's January 2021 "final exit" …

Trade Brexit Obr Two Years Tca Uk 34B Exit Cost
UK Statistics Failing on Multiple Fronts Pose New Policy Risk
1 month ago

UK Statistics Failing on Multiple Fronts Pose New Policy Risk

Live Mint  

-- Britain has a data problem that is raising fears of policy mis-steps at a critical juncture for the UK economy. The BOE has been attacked for its “shocking” data infrastructure, the UK spending watchdog refused to sign off on the latest public-sector financial statements and the Office for Budget Responsibility found an £18 billion error in its calculation of …

Policy Data Debt Rates Britain Obr Ons
It's official... Rachel Reeves DID deliver the biggest tax-raising Budget on record: OBR watchdog's database shows Chancellor hiked the burden by £41.5bn - MORE than Norman Lamont's notorious 1993 rai
1 month, 3 weeks ago

It's official... Rachel Reeves DID deliver the biggest tax-raising Budget on record: OBR watchdog's database shows Chancellor hiked the burden by £41.5bn - MORE than Norman Lamont's notorious 1993 rai

Daily Mail  

Rachel Reeves has been handed an unwanted historical distinction - as official figures showed her Budget was the biggest tax-raiser on record. Rachel Reeves has been handed an unwanted historical distinction - as official figures showed her Budget was the biggest tax-raiser on record The OBR keeps a database of Budget measures based on the value they were 'scored' at …

Tax Budget Reeves Rai Gdp Obr Rachel Reeves
Will school fees and farmers prove a roadblock to Labour’s Budget plans?
2 months ago

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

The Independent  

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
Treasury denies breaking law over ‘black hole’ in public finances
Trending News
2 months ago

Treasury denies breaking law over ‘black hole’ in public finances

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 Treasury’s top officials has …

Law Budget Treasury Told Reeves Obr Breaking
‘Budget emperor has no clothes’ says shadow minister as MPs continue debate
2 months ago

‘Budget emperor has no clothes’ says shadow minister as MPs continue debate

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 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 {{ …

Growth Budget Parliament Reynolds Obr This Budget No Clothes
Rachel Reeves gives top official vote of confidence in row over Budget black hole cover-up
2 months ago

Rachel Reeves gives top official vote of confidence in row over Budget black hole cover-up

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 has …

Budget Treasury Official Email Westminster Email View Obr
Spike in UK Borrowing Costs Wipes Out Reeves’ Fiscal Headroom
2 months ago

Spike in UK Borrowing Costs Wipes Out Reeves’ Fiscal Headroom

Live Mint  

The increase in UK borrowing costs since last week’s budget has wiped out all of Chancellor of the Exchequer Rachel Reeves’ headroom against her main fiscal rule, raising the prospect of further tax rises or spending cuts unless the debt picture changes. Tom Josephs, a senior member of the UK’s fiscal watchdog, told lawmakers Tuesday that a 0.3 percentage point …

Market Budget Reeves Rule Obr Fiscal Borrowing
Jeremy Hunt’s Treasury may have broken the law by hiding Budget black hole, says OBR
2 months 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
OBR watchdog warns costs of government projects could SOAR after Rachel Reeves' tore up fiscal rules to rush through extraordinary spending splurge
2 months 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
Worst of Britain’s Brexit pain is still to come, admits Treasury minister
2 months, 1 week 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
Why it’s unfair to compare the current market movement to catastrophic Truss mini-Budget
2 months, 1 week ago

Why it’s unfair to compare the current market movement to catastrophic Truss mini-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. The uncertainty surrounding this specific Budget had made bond …

Market Budget Debt Bond Reeves Sign Obr
Reeves admits NI hike could hit pay rises while markets react to borrowing spree
2 months, 1 week ago

Reeves admits NI hike could hit pay rises while markets react to borrowing spree

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. “It will mean that businesses will have to absorb …

Tax Budget Public Billion Reeves Obr Rachel Reeves
Rachel Reeves gambles on £40bn tax rise in her first Budget
2 months, 1 week 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
Taxes will have to rise further despite Reeves’ £40bn tax grab, IFS director warns
2 months, 1 week ago

Taxes will have to rise further despite Reeves’ £40bn tax grab, IFS director warns

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. Mr Johnson said: “The growth forecasts are pretty awful, there …

Growth Tax Taxes Budget Economic Growth Economic Public Services
Brits will end up being paid less after Labour's Budget, admits Rachel Reeves as she refuses to rule out MORE tax hikes and economists warn growth will be crushed record burden
2 months, 1 week ago

Brits will end up being paid less after Labour's Budget, admits Rachel Reeves as she refuses to rule out MORE tax hikes and economists warn growth will be crushed record burden

Daily Mail  

This video is no longer available This video is no longer available Rachel Reeves admitted Brits will see lower wages as a result of her Budget mega-raid today - amid warnings she will be back for more. Rachel Reeves on a visit to a hospital in Coventry with Keir Starmer today after delivering her Budget The OBR said the Budget …

Tax Labour Budget Reeves Obr Rachel Reeves Working People
Labour's £40 billion tax bomb leaves Britons £300 worse off
2 months, 1 week ago

Labour's £40 billion tax bomb leaves Britons £300 worse off

Daily Mail  

Britain's growth prospects took a dive last night after Rachel Reeves' £40 billion tax bomb. And in a warning to millions of 'working people', the economic watchdog predicted that the Chancellor's Budget measures would fuel inflation, push up mortgage rates and squeeze wages. In the first Labour Budget for 14 years, Ms Reeves: Launched a £25 billion raid on employers' …

Tax Labour Taxes Budget Spending Billion Cent
Rachel Reeves Unveils Massive Tax Hikes in Historic Budget Speech
2 months, 1 week ago

Rachel Reeves Unveils Massive Tax Hikes in Historic Budget Speech

China Daily  

British Chancellor Rachel Reeves presented her first budget speech to Parliament, outlining the government's fiscal plan and steps to achieve economic stability. The speech included tax rises of 40 billion pounds, a record figure for modern times, along with spending increases in healthcare, housing, and education. Reeves also announced a review of the independent economic forecast unit, the OBR, and …

London
Rachel Reeves Unveils Bold Fiscal Plan: A Manifesto for Britain's Future
2 months, 1 week ago

Rachel Reeves Unveils Bold Fiscal Plan: A Manifesto for Britain's Future

China Daily  

Rachel Reeves, the British government's finance minister, unveiled her fiscal plan, outlining tax rises and spending increases to restore economic stability and turn the page on the Conservative Party's rule. The plan includes a 40 billion-pound tax rise, a record figure for modern times, along with spending increases in healthcare, housing, and education.

London
Reeves' sniffle makes the bond markets shiver, says PATRICK TOOHER
2 months, 1 week ago

Reeves' sniffle makes the bond markets shiver, says PATRICK TOOHER

Daily Mail  

Rachel Reeves clearly loves her new borrowing rules. Bending the rules: The Chancellor has ditched the old way of measuring the parlous state of the public finances so that she can borrow more to fund a spending spree But no amount of magic wand-waving and crystal-ball gazing can hide the fact the national debt remains on an ‘unsustainable’ course. Even …

Debt Spending Public Cent Reeves Gdp Obr
Labour's tax bomb leaves Britons £300 worse off: UK faces highest tax burden ever, businesses are battered by the Budget, wages will fall and inflation will rise
2 months, 1 week ago

Labour's tax bomb leaves Britons £300 worse off: UK faces highest tax burden ever, businesses are battered by the Budget, wages will fall and inflation will rise

Daily Mail  

Britain's growth prospects took a dive last night after Rachel Reeves' £40 billion tax bomb. In the first Labour Budget for 14 years, Ms Reeves: Launched a £25 billion raid on employers' National Insurance, breaking a manifesto pledge not to raise a levy she previously called a 'jobs tax'; Announced an immediate £25 billion cash injection for the NHS, despite …

Government England Tax Inflation Labour Budget Economic Growth
A Halloween Budget that was as much trick as treat
2 months, 1 week ago

A Halloween Budget that was as much trick as treat

The Independent  

The first Labour Budget for 14 years, and the first ever from a female chancellor of the Exchequer, was impressive in its presentation. The danger, both economic and political, is that Ms Reeves will have to return to the Commons near Halloween in a few years’ time with another “horror story” and terrify hard-pressed taxpayers once again. In her Budget …

Labour Budget Public Obr Ms Reeves
Budget watchdog finds £9.5bn shortfall in previous government’s spending plans
2 months, 1 week 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