Article 6DA14 Kwarteng went ahead with mini-budget despite OBR warning, FOI reveals

Kwarteng went ahead with mini-budget despite OBR warning, FOI reveals

by
Larry Elliott
from on (#6DA14)

Chancellor's refusal to publish forecast contributed to stock market jitters and run on pound

Ten months after former chancellor Kwasi Kwarteng's disastrous mini-budget, the public has for the first time been given the chance to see the Office for Budget Responsibility's autumn 2022 forecast on the state of the economy.

The Government spending watchdog's pre-budget report was handed to Kwarteng on 5 September, days before he gave MPs details of his growth package, one of the worst-received Treasury measures in recent history.

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