Oral evidenceSelect & Joint CommitteesTuesday, 19 May 202609:30

Treasury Committee: The OBR: 15 years on

Committee hears from witnesses

The Treasury Committee will hold oral evidence sessions to assess the Office for Budget Responsibility's performance and relevance 15 years after its creation. The OBR is the independent forecaster that produces economic projections and scrutinises government spending plans; this inquiry examines whether it remains fit for purpose, how well it has predicted economic outcomes, and what reforms might strengthen its role in holding ministers to account.

The OBR's credibility underpins public confidence in government fiscal claims. How the committee judges the OBR's track record will influence debates over its independence, resources, and whether its remit should expand to cover other policy areas. The findings may shape Labour's approach to fiscal transparency and economic forecasting.

Tax & Public Finances Economy & Jobs (General)

Committee mentioned:Treasury Committee