Today news
About the same in other media
King's Speech lays out more powers for the Office for Budget Responsibility
Reading now: 581
Speaking at the State Opening of Parliament, King Charles III set out new legal powers for the OBR, one of 15 measures targeting 'economic stability and growth'. The move to further the OBR's responsibilities came on the back of Prime Minister Keir Starmer's ambition to restore the powers of the UK's fiscal watchdog, which were severely dented by former Conservative prime minister Liz Truss when she went ahead with her Mini Budget plans without consulting the OBR. Paul Diggle, chief economist at abrdn, said the reforms «will not make a practical difference to how the Labour governme...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
European leaders discuss migration and Ukraine at a UK summit as concern grows about direction of US abcnews.go.com /5 months ago
Inquiry finds Britain was ill-prepared for COVID-19 pandemic and failed its citizens abcnews.go.com /5 months ago
UK's new Labour government sets out plans to 'take the brakes off' the economy in King's Speech abcnews.go.com /5 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
