Professor Colin Talbot reflects on an Autumn statement that was really a mini-Budget – and some fine detail that hints at the Chancellor’s ultimate intentions. Much of the comment on today’s Autumn Statement by Chancellor George Osborne will focus on the specific measures he announced (there were lots) and on the short-term politics of the […]
Scrutinising the cost of party policies; a good idea in principle but…
Recently in Manchester three key national figures discussed how to improve the scrutiny of how British government spends its money: Margaret Hodge MP (Lab), chair of the Public Accounts Committee (PAC), Bernard Jenkin MP (Con), chair of the Public Administration Select Committee (PASC); and Robert Chote, chair of the Office for Budget Responsibility (OBR). The session […]
The OBR and Scrutinising Public Money and Policies: Why We Need a Parliamentary Budget Office
Ed Balls, the shadow chancellor, has declared he’d like the Office of Budget Responsibility to assess Labour’s tax and spend policies before the next election. Robert Chote, the head of the OBR, and Andrew Tyrie, the Conservative chair of the Treasury select committee, have both said they think this could be a good thing. Others […]