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Reform UK weighs replacing Britain’s fiscal watchdog

Summary by Politico Europe
LONDON — Reform UK’s deputy leader Richard Tice has floated replacing the Office for Budget Responsibility with a rotating panel of experts to produce economic forecasts for the U.K. government.  In an interview with POLITICO, Tice attacked the OBR’s “woeful” forecasts and proposed replacing it with a revolving panel of the top economic forecasters in the country, who would produce their own estimates of the U.K.’s fiscal health. “What’s the poi…

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Politico Europe broke the news in Brussels, Belgium on Monday, January 12, 2026.
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