The Chancellor used last week’s Spending Round to announce a significant increase in departmental spending in 2020-21. The OBR’s Budget Responsibility Committee gave evidence to the Treasury Select Committee today on the fiscal implications of the announcement. In addition, Robert Chote has written to the Interim Chair, John Mann, explaining our role during a spending round and how the announcement will be reflected in our next forecast for the public finances.
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Long-term projections of the UK public finances and public sector balance sheet analysis.
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Report into how our forecasts compare to subsequent outturn data and identifying lessons for future forecasts.
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An in-depth look at the drivers of welfare spending both inside and outside the Government’s welfare cap.
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A report published every two years on the main risks to the public finances.
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Our monthly commentary on the latest public finances data and how it compares to our most recent forecast.
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Five year forecasts for the UK economy and public finances and an assessment of whether the Government is likely to achieve its fiscal targets.