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Rachel Reeves sets date for 'Spring Forecast' next year
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investmentweek.co.ukThe OBR's newly-introduced Spring Forecast is compatible with the Budget Responsibility and National Audit Act 2011, which requires the fiscal watchdog to come up with two forecasts each financial year. The upcoming forecast in March will be accompanied by a statement to parliament from Reeves. OBR warns Reeves' debt rule could cause 'worsening fiscal sustainability' This will be the government's first fiscal event since the Autumn Budget in October, although the chancellor has committed to having just one main fiscal event each year. «The chancellor remains committed to ...
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