Budget watchdog to deliver forecasts next week after emergency meeting with PM

By Charlie Conchie

The UK’s independent fiscal watchdog has confirmed it will deliver an initial forecast for the government’s so-called mini budget on 7th October after an emergency meeting with the chancellor and prime minister today.

In a statement the Office for Budget Responsibility said: “[The forecast] will as always, be based on our independent judgement about economic and fiscal prospects and the impact of the government’s policies.

The announcement comes after a 48-minute meeting at No 11 Downing Street this morning.

The spokesperson added that OBR officials discussed “the economic and fiscal outlook, and the forecast we are preparing for the Chancellor’s medium-term fiscal plan.”

“We will deliver the first iteration of that forecast to the chancellor on Friday, 7 October, and will set out the full timetable up to 23 November next week,” they added.

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