Paul Nowak says OBR should be modernised to ditch ‘hardwired’ support for austerity economics
Britain’s budget watchdog is in danger of strangling growth and should be modernised to ditch its “hardwired” support for austerity economics, the Trades Union Congress has warned.
Less than two weeks before Rachel Reeves’s autumn budget, the trade union umbrella group said the Office for Budget Responsibility (OBR) was at risk of being a “straitjacket” on growth in living standards.
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Source link : https://www.theguardian.com/business/2025/nov/16/uk-budget-watchdog-in-danger-of-strangling-economic-growth-says-tuc-boss
Author : Richard Partington Senior economics correspondent
Publish date : 2025-11-16 10:15:00
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