Tags » Office For Budget Responsibility

Stamp Duty Budget Announcement: short-term politics, poor economics, lousy housing policy, does nothing to help the majority in housing need

I have been asked to repeat the figures I quoted on BBC radio this morning regarding the impact of the abolition of Stamp Duty for first time buyers on homes costing up to £300,000. 131 more words

Brighton

Game over, Tories. Scrap the OBR

by Martin Odoni

I have argued for something like five years now that the Office for Budget Responsibility is not fit for its (stated) purpose and should be abolished. 939 more words

Articles

Britain slashes growth forecasts over five years

AFP

© AFP/File | Britain’s GDP will expand 1.5 percent this year, by 1.4 percent in 2018, 1.3 percent in both 2019 and 2020 and 1.5 percent in 2021, finance minister Philip Hammond revealed in a raft of forecast downgrades in his annual budget… 235 more words

UK budget deficit narrows to lowest level September since 2007 | Business | The Guardian

Inflation-fuelled rise in VAT receipts cheers chancellor ahead of budget but analysts warn of OBR cut in forecasts and further Brexit uncertainty

Source: UK budget deficit narrows to lowest level September since 2007 | Business | The Guardian

Political

Unsecured debt hits new peak of nearly £13,000 per household – new TUC analysis

– Weak wage growth and higher inflation will leave more families struggling with debt this year if government doesn’t help, says TUC

New analysis published today (Sunday) by the TUC shows that household debt rose sharply over 2016, with unsecured debt (debt other than mortgages) reaching new highs. 513 more words

TUC

John McDonnell calls for NHS funding audit as winter crisis deepens

Shadow chancellor asks the Office for Budget Responsibility to step in amid ‘public distrust’ over government figures

Rowena Mason and Denis Campbell

NHS funding levels should be checked by the government’s budget watchdog amid public distrust of the figures and a worsening winter crisis in hospitals, … 726 more words

NHS