OBR Forecasts

2 articles

Nov 27, 2025 • via BBC News

£740: Parliament's Income Growth Ceiling

Treasury data shows top earners lose £2,000, bottom 20% £200 as thresholds freeze

Rachel Reeves' Budget spreads tax pain across incomes despite rhetoric on the wealthy, netting tiny gains for the poor amid OBR's 0.5% growth forecast—the second-worst on record.

Nov 25, 2025 • via The Telegraph

Borrowing Overruns Signal Pre-Budget Paralysis

£116.8 Billion Deficit Dwarfs Forecasts as Tax Signals Sow Doubt

Rachel Reeves's chaotic Budget buildup has driven retail sales down 1.1% and business confidence into contraction, exposing fiscal rules that prioritize uncertain projections over economic stability. This pattern of volatility across governments deepens UK's debt trap.