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Home - Office for Budget Responsibility
Katya Ring, Holly McCurry, Rosanna Colthorpe and Joshua Rawlings | 11 January 2024 In this article, we examine the reasons for the consistent downwards trend in inactivity for caring purposes coming t...
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Labour market - Office for Budget Responsibility
Our labour market forecast includes projections of labour market indicators in relation to the population aged 16 and over – i.e. all adults.
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Inflation - Office for Budget Responsibility
We produce forecasts for the Consumer Prices Index (CPI inflation) and the Retail Prices Index (RPI inflation). The Government uses these measures in various ways. It has set the Bank of England a 2 p...
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Who we are - Office for Budget Responsibility
Permanent staff of the OBR The BRC are supported in their work by the OBR’s permanent staff of 45 civil servants, led by Steve Farrington. The staff work in teams covering: economic forecasting and an...
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What we do - Office for Budget Responsibility
The Office for Budget Responsibility was created in 2010 to provide independent and authoritative analysis of the UK’s public finances. It is one of a growing number of official independent fiscal wat...
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OBR macroeconomic model - Office for Budget Responsibility
The macroeconomic model is a simplified representation of the economic activity described and recorded in the National Accounts published by the Office for National Statistics (ONS). The model was ori...