GBP/USD 1.350 EUR/GBP 0.862 GBP/JPY 199.073 EUR/USD 1.164 GBP/AUD 2.098 USD/JPY 147.483 USD/CAD 1.388 AUD/USD 0.643 CAD/JPY 106.273 EUR/CAD 1.615 GBP/CAD 1.873 AUD/CAD 0.893 AUD/JPY 94.881 AUD/NZD 1.104 EUR/AUD 1.809 GBP/USD 1.350 EUR/GBP 0.862 GBP/JPY 199.073 EUR/USD 1.164 GBP/AUD 2.098 USD/JPY 147.483 USD/CAD 1.388 AUD/USD 0.643 CAD/JPY 106.273 EUR/CAD 1.615 GBP/CAD 1.873 AUD/CAD 0.893 AUD/JPY 94.881 AUD/NZD 1.104 EUR/AUD 1.809
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Finance News – Office For Budget Responsibility

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City A.M. • Aug 18, 2025

Pensions, motorists and workers: The tax targets Rachel Reeves is eyeing up

Chancellor Rachel Reeves is expected to increase revenue through adjustments affecting retirement funds, vehicle owners, and employees, which could have notable effects on public f...

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The Guardian – Business • Jul 22, 2025

Rachel Reeves faces gloomy autumn after borrowing overshoots

The unexpected increase in government borrowing has raised concerns about rising debt servicing expenses, potentially limiting fiscal flexibility and complicating efforts to manage...

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The Guardian – Business • Jul 11, 2025

Rachel Reeves to try to reassure City investors after unexpected UK GDP fall

Rachel Reeves aims to restore investor confidence by highlighting potential growth opportunities despite recent economic contraction and concerns over public finances ahead of the...

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City A.M. • Jul 10, 2025

Kemi Badenoch backs costly triple lock pension as ‘Conservative policy’

Kemi Badenoch supports maintaining the pension increase mechanism despite warnings from the UK’s fiscal authority that its expenses have significantly exceeded initial forecasts.

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City A.M. • Jul 09, 2025

Wealth and stealth: Starmer eyes fresh tax hikes

Keir Starmer is considering new forms of taxation as concerns grow over fiscal sustainability, following the watchdog’s warning about rising welfare expenses and their impact on go...

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The Guardian – Business • Jul 08, 2025

UK public finances on ‘unsustainable’ path amid growing climate, debt and pension costs

The Office for Budget Responsibility has indicated that rising expenses related to environmental challenges, retirement funding, and existing liabilities could cause the UK’s natio...

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City A.M. • Jul 08, 2025

UK cannot afford triple lock pension, OBR says

The Office for Budget Responsibility has indicated that maintaining the current pension increase policy may strain public finances, prompting debates over welfare adjustments to en...

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City A.M. • Jul 08, 2025

OBR warns unfunded spending to damage UK finances amid ‘daunting’ risks

The Office for Budget Responsibility has highlighted that increased expenditure without corresponding revenue could strain the UK’s fiscal health, especially given ongoing internat...

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City A.M. • Jul 02, 2025

Gilt yields spike on Keir Starmer’s refusal to back ‘visibly upset’ Reeves

The uncertainty surrounding Labour’s leadership and policy changes contributed to increased government borrowing costs, reflecting investor concerns about the party’s fiscal strate...

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The Guardian – Business • Jun 29, 2025

Rachel Reeves must rethink how tax and spend decisions are made after welfare U-turn | Heather Stewa...

The recent welfare policy reversal highlights the challenges posed by rigid fiscal frameworks and limited flexibility, which significantly influence the timing and effectiveness of...

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The Guardian – Business • Jun 24, 2025

Bank governor wades into row over Reeves’ focus on fiscal rule forecasts

Andrew Bailey emphasized caution in relying too heavily on government budget forecasts, highlighting the importance of balanced interpretation when assessing future fiscal policy a...

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City A.M. • Jun 20, 2025

Government borrowing surges in May to fund Labour’s spending

In May, public sector debt increased substantially, reaching one of the highest levels recorded for that month in over three decades, indicating significant government reliance on...

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City A.M. • Jun 06, 2025

What is fiscal drag and how you can avoid it?

Fiscal drag refers to the increase in income tax payments resulting from unchanged tax brackets despite rising earnings, potentially affecting millions by 2029 unless proactive fin...

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City A.M. • May 20, 2025

OBR ridiculed for ‘joke of a salary’ in analyst job offer

The salary range offered for new analyst positions at the UK’s fiscal watchdog has sparked criticism due to its perceived inadequacy relative to the expected responsibilities and j...

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City A.M. • May 14, 2025

Is Rachel Reeves breaking up with the OBR?

Rachel Reeves implemented several last-minute adjustments to her Spring Statement aimed at maintaining fiscal stability and preserving confidence in the official budget forecasts p...

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