Rachel Reeves v the OBR: chancellor aims to loosen the watchdog’s grip
NegativeFinancial Markets

Rachel Reeves and the Labour Party are facing challenges as they navigate the Office for Budget Responsibility's (OBR) gloomy economic projections. Initially supportive of the OBR's influential role, Labour is now scrambling to find ways to mitigate the impact of these forecasts on their budget plans. This situation is significant as it highlights the tension between government fiscal strategies and independent economic assessments, which could affect public confidence and economic stability in the UK.
— Curated by the World Pulse Now AI Editorial System