The Office for Budget Responsibility (OBR) - the government's financial watchdog - halved its growth forecast for this year to 1%. The chancellor blamed global instability, arguing that the world ...

The Office for Budget Responsibility (OBR) halved its economic forecast for the UK economy from two per cent in the autumn to one per cent now. But Ms Reeves stressed: “ I can confirm to the ...

The Office for Budget Responsibility has halved the UK growth forecast for 2025 from 2% to 1%, Chancellor Rachel Reeves has said. However, the fiscal watchdog said that while growth has been ...