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How the standoff between Rachel Reeves and the OBR unfolded

Treasury’s independent economic forecaster says outlook for economy rosier than chancellor led everyone to believe

Rachel Reeves has been accused of overstating the damage to the UK’s public finances from a downgrade of economic growth by the Treasury’s independent economic forecaster, the Office for Budget Responsibility.

In the aftermath of last week’s budget, the focus has turned to who knew what and when in the long run-up to the budget.

Continue reading…Treasury’s independent economic forecaster says outlook for economy rosier than chancellor led everyone to believeOBR chair quits after inquiry into early release of Reeves’s budgetUK politics live – latest updatesRachel Reeves has been accused of overstating the damage to the UK’s public finances from a downgrade of economic growth by the Treasury’s independent economic forecaster, the Office for Budget Responsibility.In the aftermath of last week’s budget, the focus has turned to who knew what and when in the long run-up to the budget. Continue reading…

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