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OBR Articles

Productivity is fine. Let’s count and tax it better

Non-financial productivity gains need measuring through ‘gross domestic utility’, not gross domestic product, otherwise public services and social justice will suffer, argues Peter Kellner Something weird is going on. We need to do some delving to get to the bottom of...

A budget departed from reality

The last budget of the coalition did not substantially change the economic policy debate ahead of the election. It did provide yet another example of how that debate departs from reality. The budget avoided addressing the key challenges for the British economy. It was...

Welcome to OBR World

Labour is right to stress that it will cut the deficit it will inherit after the election in May. The party has continued to lag in polling on economic credibility, and in particular on cutting the deficit (see a recent YouGov poll). Ed Miliband’s speech was an...

Trolley full of cockroaches

As I prepared for business of the House questions the government was in complete chaos. The prime minister suddenly pulled the plug on cross-party talks on the Leveson report.  It is ninety nine days now since the Leveson Report was published. It is the time to act...