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The Guardian // Business // Economics

Treasury may have broken law by failing to reveal £9.5bn spend in Tory budget, MPs told

Tuesday 5th November 2024, 4:01PM

Head of OBR says spending commitment would have ‘materially changed’ its forecast on Jeremy Hunt’s pre-election budgetUK politics live – latest updatesTreasury officials may have broken the law when they failed to alert the Office for Budget Responsibility about £9.5bn of spending that should have appeared in the March Tory budget, MPs have been told.Laws governing how the Treasury gives information to the OBR could have been breached when civil servants kept spending commitments under wraps, the government’s independent economic forecaster said. Continue reading...

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