Faisal Islam: 'Bean counters' get their revenge

Quick Summary:

Experts and officials look like they will get more of a hearing than under the last government.

But that aside, the OBR has made clear there were billions of pounds of spending pressures that it did not know about when preparing its last forecast in March.

This revelatory letter does significantly undermine the notion put forward by the the opposition - that is, the former government - that since everyone had access to the OBR forecasts therefore the “books were open”.

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Article Details

Category: Business

Markets: United KingdomMali

Topics: Chancellor Public Independent Does Letter Budget Sector Spending Office Government

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-29 @ 22:12:03 (14 hours ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 717 words

Reading Time: 4 minutes read

Sentences: 35 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 21840055

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