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2025December › 03

OBR

7 months ago

David Miles, from the Office for Budget Responsibility (OBR), suggested Rachel Reeves' freeze on income tax thresholds would weigh on growth in the economy.
In bitter clashes at PMQs, Kemi Badenoch repeatedly battered the PM over the chaos engulfing the fiscal package.
Professor David Miles, who sits on the OBR's committee, said the £22billion of 'headroom' the Chancellor had left herself at the Budget was still not 'very large'.
Rachel Reeves faced fresh calls to quit last night as the war of words with Britain's top economic watchdog intensified.

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