MPs announce inquiry into work of Office for Budget Responsibility

The Guardian - World NewsCenter-LeftEN 2 min read 100% complete by Phillip Inman Senior economics writerDecember 12, 2025 at 01:01 AM

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The UK's all-party Commons Treasury committee has launched an inquiry into the Office for Budget Responsibility (OBR). The inquiry, running until the end of January, will examine the OBR's forecasting performance, impartiality, and its relationship with the Treasury. This follows recent tensions between the OBR and Chancellor Rachel Reeves regarding budget briefings and leaks. The committee aims to assess whether reforms are needed to improve the OBR's effectiveness in contributing to positive economic outcomes. The inquiry will consider evidence from various sources, including the media, MPs, and the public, with a focus on identifying areas where the OBR performs well and where it can improve.

Key Entities & Roles

Key Player Opposition Context

Liz Truss 30% Meg Hillier ×230% George Osborne ×250% Rachel Reeves ×250% Office for Budget Responsibility ×6100%

Keywords

office for budget responsibility 100% inquiry 90% treasury committee 80% economic forecasting 70% impartiality 60% budget briefings 60% economic outcomes 50% treasury 50% fiscal framework 50% budget documents 40%

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Neutral

Score: -0.10

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The Guardian - World News

Political Lean

Center-Left (-0.40)

Far LeftCenterFar Right

Classification Confidence

90%

This article was automatically classified using rule-based analysis. The political bias score ranges from -1 (far left) to +1 (far right).

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office for budget responsibility inquiry treasury committee economic forecasting impartiality budget briefings economic outcomes treasury fiscal framework budget documents

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