Author Archives: Kate Hall-Strutt

Waterfall chart showing the difference and reasons for the difference between Welsh and UK income tax per person in 2016-17

Welsh taxes outlook: February 2020

On 25 February we published an update to the December 2019 Welsh taxes outlook to account for new data released this year. The report is available in English and Welsh language.

Magnifying glass graphic

Treasury launches search for new Chair of the OBR

Today the Treasury has launched the recruitment campaign to find Robert Chote’s successor as the next Chair of the OBR. Robert has led the independent fiscal watchdog since 3 October 2010, and is therefore approaching the end of his second and final five-year term. The chair and other members of the Budget Responsibility Committee (BRC) are…

Year-to-date borrowing rises by less than anticipated

Borrowing has risen so far this year, but at a slower rate than anticipated in our restated March forecast. With three months of the year to go, a number of uncertainties remain. January is a big month for receipts, while bonus season and end-year departmental spending are always sources of uncertainty.