Office for Budget Responsibility
« Bloody Sunday Report | Back to most recent briefing | BP »
Asked for the Prime Minister’s view on former Chancellor Alistair Darling’s demands for an apology regarding borrowing figures, the PMS said that the Office for Budget Responsibility (OBR) had published their report this morning, which showed that the structural deficit was larger than previously believed. This meant that we would have to do more to close the gap.
Asked why we were having a forecast now ahead of the Budget, the PMS said that providing a forecast before the Budget provided clarity about the economic situation, against which those Budget judgements would be taken.
Asked if there would be a regular forecast ahead of the Budget in the future, the PMS said that in terms of future Budget and OBR timings it was best to speak to the Treasury.
Put that the OBR could be easily influenced as it had been set up by the Government, the PMS said that the OBR was independent and there would be legislation in due course, which would set it up on a statutory basis.
original source.
Briefing took place at 10:00 | Search for related news
« Bloody Sunday Report | Back to most recent briefing | BP »
Original PMOS briefings are © Crown Copyright. Crown Copyright material is
reproduced with the permission of the Controller of HMSO and the Queen's
Printer for Scotland. Click-use licence number C02W0004089. Material is
reproduced from the original 10 Downing Street source, but may not be the most
up-to-date version of the briefings, which might be revised at the original
source. Users should check with the original source in case of revisions.
Comments are © Copyright contributors. Everything else is © Copyright
Downing Street Says.
|
No Comments »
No comments yet.
RSS feed for comments on this post.
Post a public comment