Union calls for robust review of OBR over fears it holds back economic growth
Why This Matters
Key context: <p>TUC will urge John Healey to order ‘root and branch’ assessment of watchdog amid claims its forecasts downplay investment benefits</p><p>The TUC is urging the new chancellor, John Healey, to order a “root and branch” review of the Office for Budget Responsibility, claiming the forecaster’s approach holds back investment.</p><p>With Andy Burnham promising <a href="https://www.theguardian.com/business/2026/jul/19/andy-burnham-economy-defence-housing-and-living-costs">“good growth in every postcode”</a>, the union umbrella body is calling on Healey to use <a href="https://www.theguardian.com/business/2026/jul/31/john-healey-budget-late-october">his first budget on 28 October</a> to re-examine the assessments of the watchdog.</p> <a href="https://www.theguardian.com/business/2026/aug/08/tuc-review-obr-investment-economy-business">Continue reading...</a> This development from The Guardian highlights ongoing changes in the sector.
TUC will urge John Healey to order ‘root and branch’ assessment of watchdog amid claims its forecasts downplay investment benefitsThe TUC is urging the new chancellor, John Healey, to order a “root and branch” review of the Office for Budget Responsibility, claiming the forecaster’s approach holds back investment.With Andy Burnham promising “good growth in every postcode”, the union umbrella body is calling on Healey to use his first budget on 28 October to re-examine the assessments of the watchdog. Continue reading...
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