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Office for Budget Responsibility

Asked by Mr Peter BedfordConservativeTreasuryTabled Answered 12 June 2025UIN 57968

The question

To ask the Chancellor of the Exchequer, if she will make an assessment of the potential merits of abolishing the Office for Budget Responsibility.

Answered by Emma Reynolds

The Office for Budget Responsibility (OBR) is the government’s official independent forecaster. The OBR’s independent scrutiny, via its economic and fiscal forecasts, underpins the credibility of the government’s fiscal policy. That is why on coming into office, one of the first bills this Government passed was the ‘fiscal lock’ to ensure that no future government can sideline the OBR.

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