Optimism abounds in OBR forecasts, but just how feasible are they?

Optimism abounds in OBR forecasts, but just how feasible are they?

City A.M.

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When former Tory chancellor George Osborne created the Office for Budget Responsibility (OBR) in 2010, he was unlikely to have envisioned it would become the source of financial market turmoil. But, that upheaval was not the budget watchdog’s fault. Instead, it was former prime minister Liz Truss and ex-Number 11 incumbent Kwasi Kwarteng’s disdain toward [...]

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