OBR given more powers to prevent repeat of Liz Truss mini-budget
Source: BBC
A new law is set to prevent any future government from sidelining the UK's independent forecaster from assessing its economic plans like former prime minister Liz Truss did for her short-lived mini-budget.Powers will be given to the Office for Budget Responsibility (OBR) to make judgements on any major taxation or spending announcements in a bid to deliver "stability", the Treasury said.Ms Truss's mini-budget saw…
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