Robert Chote, the head of the Office for Budget Responsibility, has admitted that the economy is unlikely to grow by the 1.7% he forecast in March. ... more
Chancellor George Osborne faces fresh pressure over the pace of economic recovery after the head of the UK's tax and spending watchdog conceded that experts expected its growth forecasts for this year to be missed... more
The Bank of England today again kept interest rates on hold at record lows as Japan joined Switzerland in slashing its cost of borrowing to weaken the yen's safe-haven status... more
It's early days to be looking towards next year's Budget when the dust has barely settled on this one but more uncomfortable times might await the Chancellor in 2012 if his independent watchdog is forced to start baring its fangs... more
George Osborne is feeling pretty smug — as only he can — about his decision to set up the Office for Budget Responsibility and to let the Treasury Select Committee approve the appointment of Robert Chote as its head... more
Robert Halfon, the Tory MP for Harlow, has been taking no prisoners in his attempts to expose the extraordinary power of the Institute For Fiscal Studies in Whitehall circles... more
Now that fugitive ex-tycoon and former Turkish delight, Asil Nadir, has landed safely back in the UK, Spy wonders what has happened to his pal...... more
Interesting insight into Sir Alan Budd’s departure as head of the supposedly independent Office for Budget Responsibility after just three months... more
Deep cuts in transport, universities, defence and housing budgets will be forced in the wake of Alistair Darling’s mini-Budget, the Institute for Fiscal Studies said tonight... more
Interview: Robert Chote’s think-tank pulled no punches with its cool-headed Budget analysis. No wonder the City
rates him – and Gordon Brown is wary... more
From finance to fashion and politics to property, the past 12 months have seen dramatic changes in who wields influence in the capital. So who are the up-and-coming power players in London this year?... more
Alistair Darling is today expected to announce a higher rate of income tax for top earners as he sets out how he will claw back a multi-billion boost to the shrinking economy... more
Tonight:
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