The OBR: Guardian of the Budget or Overreaching Powerhouse?
Budget Britain has undergone a significant transformation with the powerhouse that is the Office for Budget Responsibility (OBR) coming into focus. Traditionally, the chancellor’s Red Box symbolized the day of budgeting, but now it’s the blue book from the OBR that holds sway over government economic policies. Once a lesser-known entity, it’s become a major player in shaping financial destiny, raising questions about its power and influence over elected officials.
Critics, including Labour’s Lou Haigh, argue that the OBR is **“unelected