 | |
| Abbreviation | OBR |
|---|---|
| Formation | May 2010 |
| Type | Non-departmental public body |
| Purpose | To provide independent and authoritative analysis of the UK’s public finances |
Region served | United Kingdom |
Chairman | Richard Hughes |
| Staff | 31 |
| Website | obr |
The Office for Budget Responsibility (OBR) is a non-departmental public body funded by the UK Treasury that provides independent economic forecasts and independent analysis of the public finances.
It was formally created in May 2010 following the general election and was placed on a statutory footing in 2011. It is one of a growing number of official independent fiscal watchdogs around the world.[1]
Richard Hughes, former Director of Fiscal Policy at HM Treasury, has been head since October 2020.[2]
- ^ What we do, OBR, retrieved 5 Feb 2019
- ^ Richard Hughes confirmed as the next Chair of the OBR, Accessed 26 January 2021