Britain’s Office for Budget Responsibility, a slimmed-down version of the Congressional Budget Office in the US, may be just 15 years old but it’s already one of the most powerful players in the ...

Changing the UK’s fiscal rule to allow more cash to flow could take the pressure off – but it isn’t without risk.

Judicious funding allocations could boost living standards for the country's poorest households, according to the Resolution ...

Government spending and borrowing have defied ... below the estimates provided by independent forecasters the Office for Budget Responsibility (OBR). Tax receipts are now £11.4bn below the ...

The U.K. government announced a change to the way the aid budget would be calculated last week: It will no longer be adjusted ...

LONDON, March 26 (Reuters) - British finance minister Rachel Reeves announced her budget update ... under this government to 7.5 billion pounds." United Kingdomcategory UK finance minister Reeves ...

Scottish Labour’s deputy leader defended the UK Government’s welfare cuts as ... She said: “If you look at the Office for Budget Responsibility (OBR), they’re saying currently personal ...

which represents most of the UK's biggest retailers, has previously warned the extra budget costs will make higher prices and job losses a certainty and dent investment. The new Labour government ...

Government spending on pensioners accounts for just under half of total welfare spending each year (William Barton/Alamy/PA) The UK’s welfare budget is forecast to rise sharply in the next few ...

UK government borrowing sharply overshot expectations ... This compared with a forecast of £6.5bn from the Office for Budget Responsibility, the government’s fiscal watchdog, and a similar ...

READ MORE: 2025 could be a game-changer for funding UK grassroots ... to cut the government’s welfare bill. Delivering the Spring Statement – which is not a formal budget, as Labour pledged ...