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    1. July 8, 2015

      Summer Budget: Growth drag from fiscal tightening to ease by 2016

      George Osborne’s decision to smooth the pace of austerity has pushed down the growth outlook for this year — but nudged...

    2. July 8, 2015

      Tax-cutting rhetoric masks increases in spending and revenue

      George Osborne has smoothed the path of austerity; achieved a surplus a year later than planned; reduced cuts to...

    1. June 11, 2015

      Budget watchdog says ageing population will wipe out surpluses

      George Osborne will break his new rule to run a budget surplus in “normal times” as soon as 2023, the UK fiscal...

    2. March 25, 2015

      UK voters face a choice of cuts or more cuts in public spending

      Get ready for a rollercoaster ride in public spending, the Office for Budget Responsibility warned after last week’s...

    3. March 19, 2015

      Economists see ‘candour deficit’ in UK Budget rhetoric

      Political parties were accused of a “candour deficit” on public spending as economists scrutinised the fine print of...

    4. January 16, 2015

      Fiscal watchdog ‘not a fantastic forecaster’, admits mandarin

      George Osborne’s independent fiscal watchdog “is not a fantastic forecaster”, the top civil servant in the Treasury has...

    5. December 4, 2014

      Autumn Statement 2014: Osborne plays down spending cuts fears

      George Osborne and David Cameron have accused the BBC of “hyperbolic” coverage of public spending cuts, prompting a row...

    6. December 3, 2014

      Autumn Statement 2014: How strong is UK economy?

      George Osborne’s Treasury appears to have an iron grip on the public finance forecasts. Despite huge uncertainty, the...

    7. December 3, 2014

      Autumn Statement 2014: Recovery in wages to start next year

      Britain is set to lose economic momentum next year but will finally see productivity and wages start to recover, the...

    8. November 12, 2014

      Britain and the cuts: Autumn Statement hangs on OBR’s forecast

      George Osborne is likely to be forced to announce yet more bad news on the public finances in his last Autumn Statement...

    9. November 11, 2014

      Britain and the cuts: Senior civil servant who reflects times we live in

      Her title is second permanent secretary at the Treasury but to many in government Sharon White has been the face of the...

    10. October 13, 2014

      Income tax shortfall hits public finances

      Britain’s economic recovery has generated far less tax revenue than forecast, raising the prospect of even deeper...

    11. October 13, 2014

      UK government to miss income tax targets, warns OBR

      The level of income tax collected in the UK is likely to miss government targets despite record levels of people in...

    12. July 10, 2014

      UK fiscal watchdog cuts North Sea oil revenue forecast

      The UK’s Office for Budget Responsibility has dealt a blow to Scottish independence campaigners, cutting its...

    13. March 20, 2014

      IFS criticises George Osborne for Budget ‘bad habits’

      The chancellor is taking risks with his own deficit reduction programme by using temporary measures to finance...

    14. March 19, 2014

      UK Budget 2014: Osborne is no longer in charge of his own fate

      The FT’s A-List The A-List provides timely, insightful comment on the topics that matter, from globally renowned...

    15. January 14, 2014

      Budget watchdog warns on immigration curbs

      The UK government would weaken the public finances if it kept its promise to cut net migration into the country to...

    16. December 5, 2013

      Autumn Statement 2013: Surge in growth hides long-term flaws

      The UK economy is expected to grow much faster than previously thought, after the fiscal watchdog unveiled the biggest...

    17. Money Supply

      December 5, 2013

      The 8 things you need to know about the Autumn Statement - in charts

      Understanding the significance of George Osborne’s Autumn Statement is complicated by political posturing. These eight...

    18. November 20, 2013

      Accurate economic forecasts suit Osborne – for once

      Economic forecasting is all about choices, and the most important judgments are currently under discussion at the...

    19. October 11, 2013

      Osborne says recovery will not fund tax sweeteners

      The UK’s economic recovery will not provide a pot of money for tax sweeteners in the Autumn Statement, which is to be...

    20. September 22, 2013

      Labour conference: Ed Balls challenges Tory claims of profligacy

      Ed Balls will try to head off Conservative attacks on Labour “profligacy” by announcing that he has asked Whitehall’s...

    21. April 30, 2013

      Chris Giles: hard to find a free lunch in the tax restaurant

      Economics generally fails to offer free lunches, but politicians are always on the lookout for the few times that one...

    22. March 27, 2013

      How to ‘plog’ the hole in our awful public finances

      Far from riding to the rescue of Britain’s feeble economy, Mark Carney, the incoming governor of the Bank of England,...

    23. March 26, 2013

      Mortgage plans ‘risk driving up prices’

      Britain’s fiscal watchdog has challenged chancellor George Osborne’s claims that his new mortgage guarantee scheme, the...

    24. March 20, 2013

      Osborne path to recovery fails to convince

      Tossed around in an angry sea of bad forecasts, George Osborne had to answer two big questions in his Budget: why is...

    25. March 8, 2013

      OBR hits back at Cameron on austerity

      David Cameron has been rebuked by his own budget watchdog for trying to spin his way out of economic difficulty, after...

    26. FT Alphaville

      March 8, 2013

      He isn’t the Prime Minister, he’s a very naughty economist

      (This is getting to be a genre.) Robert Chote, head of the Office for Budget Responsibility – the UK’s independent...

    27. December 11, 2012

      OBR denies making life easy for Osborne

      The head of the UK’s fiscal watchdog has fiercely defended its independence after accusations that it manipulated its...

    28. December 5, 2012

      Rating threat over poor UK growth

      Britain will prolong its austerity drive until 2018 as the country’s independent budget watchdog slashed its economic...

    29. December 5, 2012

      Fiscal watchdog slashes UK forecasts

      The Office for Budget Responsibility on Wednesday took a scythe to its growth forecasts and ruled out all hope of a...

    30. October 16, 2012

      Stagnation not due to austerity, says OBR

      Deficit reduction is not the main cause of weak economic performance over the past two years, Britain’s official fiscal...

    31. October 7, 2012

      Bad news forecast for chancellor

      Economic forecasting models are extremely large and complex beasts. But their most important results rely on a small...

    32. August 3, 2012

      The new British establishment

      I left Britain 10 years ago, because I’d bought a flat in Paris for next to nothing. The Olympics are my longest...

    33. April 18, 2012

      MPs to mount fresh attack on Budget

      George Osborne’s Budget comes under renewed fire on Wednesday, as a group of senior MPs criticised the chancellor on a...

    34. March 21, 2012

      OBR fears for levels of business investment

      Britain’s economy will grow marginally more quickly in 2012 than had been believed in November but the composition of...

    35. Money Supply

      March 1, 2012

      BoE: great speech marred by Bank secrecy

      Martin Weale, one of the external members of the Monetary Policy Committee, delivered an excellent speech last night on...

    36. December 8, 2011

      Mind the gap: the perils of forecasting output

      The Office for Budgetary Responsibility is a welcome innovation within the UK policymaking framework. Too often...

    37. December 6, 2011

      OBR chief explains reasons for downgrade

      The independent forecasting arm of the Treasury said on Tuesday it had sharply downgraded its outlook for the economy...

    38. November 30, 2011

      Reasons to be cheerful, one, two, three ...

      Probably the most irritating words anyone can utter when you are in a grump are, “Smile, it might never happen”. But...

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