The Office for Budget Responsibility is advising on fiscal rules for a potential Prime Minister, with input from former investment bank personnel.
1 report, 1 independent
Updated Jun 25
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What happened
The Office for Budget Responsibility is advising on fiscal rules for a potential Prime Minister, with input from former investment bank personnel.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Robert Jenrick addressed UK public finances concerns during a meeting with top traders from Goldman Sachs.Sub-event
OBR is advising on fiscal rules for a potential PM, involving Goldman Sachs advisors.1 source
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Part of
UK political figures, including Andy Burnham, Mel Stride, Ed Davey, and Rachel Reeves, are discussing economic policy, including tax rises and growth partnerships with Europe.Also in this story
- Davey urged Burnham to cut fuel duty after the Daily Express published UK fuel price analysis, linking the issue to the wider UK economy.
- Andy Burnham advocates for a UK partnership with an EU scheme.
- Ed Davey advocates for tax cuts and EU reintegration.
- Rachel Reeves contributed to National Wealth Fund policy discussions with the New Economics Foundation.
The entities involved
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Goldman Sachs
American investment bank
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Andy Burnham
British politician (born 1970)
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Office for Budget Responsibility
an advisory non-departmental public body
Related events
- The Prime Minister has hinted at future tax policy changes, while government policies are being assessed for fiscal pressures by the Office for Budget Responsibility.
- OBR forecasts a budget surplus by 2030, while Alan Milburn's review pressures government costs.
- The government is seeking expert advice from the Office for Budget Responsibility regarding long-term forecasts on public finances and pension spending.
- The Bank of England's forecasts are influencing government fiscal planning, as government spending priorities clash with central bank targets.
- OBR assesses the impact of current spending on the overall health of public finances.