Office for Budget Responsibility

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Liz Truss says it is ‘unfair’ to blame her mini-budget for interest rate hike and rules out being PM again – as it happened
UK’s shortest-serving prime minister says she ‘learned a lot’ from time in government but does not want top job again

Andrew Sparrow

06, Feb, 2023 @6:02 PM

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Britain is on track in the race to £1tn in exports | Letter
Letter: Minister for exports Andrew Bowie responds to a report saying the UK will reach its £1tn target 15 years late

26, Jan, 2023 @6:11 PM

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Drop in UK growth forecast limits chancellor’s budget wriggle room
OBR tells Jeremy Hunt he will have £9bn less income to factor amid falling tax receiptstax receipts

Phillip Inman

25, Jan, 2023 @12:42 PM

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Sunak strives to be reassuring but is five-point plan all sleight of hand?
PM plans a ‘no tricks’ reset but with an inflation fall already expected this is more about hanging on at an election

Pippa Crerar Political editor

04, Jan, 2023 @7:09 PM

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Twitter’s CEO post is a non-job if Elon Musk can’t vacate it | Nils Pratley
Tesla shareholders hoping for the full attention of their distracted CEO are likely to be disappointed

Nils Pratley

21, Dec, 2022 @6:29 PM

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What on earth is going on with the massive Bulb bailout? | Nils Pratley
£4.6bn is an eye-watering amount for consumers to stump up – transparency from the government is long overdue

Nils Pratley

21, Nov, 2022 @6:30 PM

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The Guardian view on tax rises: a necessary change | Editorial
Editorial: No one likes having to pay more, but hard times and Jeremy Hunt’s autumn statement have put the issue at the centre of politics

Editorial

18, Nov, 2022 @6:07 PM

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Hunt’s plan may please the markets, but austerity without real growth would be fatal | Mohamed El-Erian
There will be no recovery unless the chancellor addresses low productivity, the green economy and trading relations post Brexit, says economist Mohamed El-Erian

Mohamed El-Erian

18, Nov, 2022 @9:47 AM

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Jeremy Hunt says he has not ‘ducked difficult decisions’ as OBR says living standards growth wiped out – as it happened
Chancellor denies postponing financial pain as fiscal watchdog’s figures show eight years of income growth wiped out

Harry Taylor (now); Andrew Sparrow and Graeme Wearden (earlier)

17, Nov, 2022 @8:45 PM

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Bailing out bust energy supplier Bulb will cost taxpayers £6.5bn, figures show
The company collapsed in November last year and was put into a special government-handled administration

Alex Lawson and Anna Isaac

17, Nov, 2022 @6:29 PM

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Worst fall in UK living standards since records began, says OBR
Spending watchdog says Britain is in recession and unemployment will rise by 500,000

Anna Isaac

17, Nov, 2022 @2:20 PM

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Hunt unveils tax rises and spending cuts as OBR says eight years of growth to be wiped out
Labour describes autumn statement measures as ‘invoice for the economic carnage’ of disastrous mini-budget under Liz Truss

Peter Walker Political correspondent

17, Nov, 2022 @1:06 PM

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