Rachel Reeves v the OBR: chancellor aims to loosen the watchdog’s grip

The GuardianSaturday, October 11, 2025 at 6:00:17 AM
Rachel Reeves v the OBR: chancellor aims to loosen the watchdog’s grip
Rachel Reeves, the Chancellor, is seeking to reduce the influence of the Office for Budget Responsibility (OBR) as Labour grapples with challenging economic forecasts. This move is significant as it reflects Labour's attempt to navigate a tough financial landscape while aiming to bolster the UK economy against potential market volatility. The outcome of this strategy could have lasting implications for fiscal policy and public confidence in economic management.
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