Article 647SN Treasury minister claims OBR could not have assessed mini-budget in time

Treasury minister claims OBR could not have assessed mini-budget in time

by
Jamie Grierson
from Economics | The Guardian on (#647SN)

Andrew Griffith contradicts finance watchdog, saying plans too chunky' to assess before publication

A Treasury minister has contradicted the UK's independent watchdog for public finances, claiming it would not have been able to produce a forecast in time for the government's mini-budget.

Andrew Griffith, the financial secretary to the Treasury, told broadcasters the growth plan put forward by the prime minister, Liz Truss, and the chancellor, Kwasi Kwarteng, contained a lot of detail" and repeatedly asserted it was 40 pages long", meaning it would have been impossible for the Office for Budget Responsibility (OBR) to have produced an accurate forecast in time.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/business/economics/rss
Feed Title Economics | The Guardian
Feed Link https://www.theguardian.com/business/economics
Feed Copyright Guardian News & Media Limited or its affiliated companies. All rights reserved. 2024
Reply 0 comments