US EditionRachel Reeves's Spring Statement fact checked - and what the OBR really said
5 Articles
5 Articles
Rachel Reeves's Spring Statement fact checked - and what the OBR really said
In her Spring Statement statement, Rachel Reeves relied heavily on the forecasts from the Office for Budget Responsibility (OBR) – but did not quote them fully, presenting a slightly rosier outlook than they have actually given.INFLATIONWhat Reeves said:“The OBR forecast that CPI inflation will average 3.2 per cent this year, before falling rapidly to 2.1 per cent in 2026 and meeting the 2 per cent target from 2027 onwards, giving families and b…
Martin Lewis casts doubt on Rachel Reeves's £500 income boost for millions- 'It's not that rosy!'
Chancellor Rachel Reeves has claimed UK households will be £500 a year better off under Labour, according to her Spring Statement delivered today.The Chancellor told the House of Commons that compared to forecasts in the final budget delivered by the Conservatives, the Office for Budget Responsibility (OBR) predicts people will be, on average, £500 a year better off under the Labour Government.She stated this would mean "more money in the pocket…
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