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Statements

Subject Item
dbr:Office_for_Budget_Responsibility
rdf:type
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rdfs:label
Office for Budget Responsibility
rdfs:comment
The Office for Budget Responsibility (OBR) is a non-departmental public body funded by the UK Treasury, that the UK government established to provide independent economic forecasts and independent analysis of the public finances. It was formally created in May 2010 following the general election (although it had previously been constituted in shadow form by the Conservative party opposition in December 2009) and was placed on a statutory footing by the Budget Responsibility and National Audit Act 2011. It is one of a growing number of official independent fiscal watchdogs around the world.
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Office for Budget Responsibility
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Office for Budget Responsibility
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27372237
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dbo:thumbnail
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dbp:abbreviation
OBR
dbp:formation
May 2010
dbp:leaderName
Richard Hughes
dbp:leaderTitle
Chairman
dbp:logo
Office for Budget Responsibility logo.jpeg
dbp:purpose
To provide independent and authoritative analysis of the UK’s public finances
dbp:regionServed
dbr:United_Kingdom
dbp:staff
31
dbp:type
dbr:Non-departmental_public_body
dbo:abstract
The Office for Budget Responsibility (OBR) is a non-departmental public body funded by the UK Treasury, that the UK government established to provide independent economic forecasts and independent analysis of the public finances. It was formally created in May 2010 following the general election (although it had previously been constituted in shadow form by the Conservative party opposition in December 2009) and was placed on a statutory footing by the Budget Responsibility and National Audit Act 2011. It is one of a growing number of official independent fiscal watchdogs around the world. Richard Hughes, former Director of Fiscal Policy at HM Treasury, has been head since October 2020.
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OBR
dbo:numberOfStaff
31
dbo:purpose
To provide independent and authoritative analysis of the UK’s public finances
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