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Office for Budgetary Responsibility Articles

The good, the bad, and the unpredictable

The threat of Brexit aside, the economy looks set to continue improving, says Kitty Ussher Regardless of the politics of the matter, the main news from last month’s budget is that the economy is in good shape. Of course, that is not to say there is not room for...

Britain cannot afford to be complacent

As David Cameron arrives at Davos this week for the World Economic Forum he should spend less time rubbing shoulders with celebrities at star-studded parties and give the martinis a miss to focus on another cocktail – what George Osborne has himself suddenly described...

Prepare for a Tory tax cut

This month will see George Osborne deliver the final budget speech of this parliament. It will be the final budget too of this coalition government. Since this coalition will not survive beyond 7 May, we might see a few formal budget announcements setting the stage...

Promoting prosperity

The UK economy is growing at a relatively fast rate at present. The first estimate of GDP growth in 2014 is that the economy expanded 2.6 per cent. Recent survey data suggest the rate of expansion increased across the economy last month. Lower fuel and food costs are...