Sentences with phrase «for budget responsibility»

«However, the Office for Budget Responsibility has pointed out that that a boost in sales to first time buyers due to the SDLT relief may push house prices up — they expect an increase of 0.3 % in 2018.

Those in Government will no doubt look at the Office for Budget Responsibility who forecast IHT to rise to # 5 billion in 2017 - 18.

Revealing the change in school fortunes, a Department for Education spokesman said: «Spending totals were based on its best forecast of inflation at the time, produced by independent Office for Budget Responsibility.

On financial matters we have the «Office for Budget Responsibility» to give us an independent view of whether the financial figures stack up.

• The Business, Innovation and Skills (BIS) Select Committee in the House of Commons should monitor and report on higher education funding and provision each year, assessing the impact of changes on disadvantaged students, as well as mature and part - timers; • Better co-ordination between higher education ministers from England, Scotland, Wales and Northern Ireland to rationalise student funding policies across the UK; • An investigation by the Office for Budget Responsibility (OBR) into the impact of the latest changes to grants and loans, to ensure value for money for students and taxpayers; • Stronger evaluation of university spending of # 750m a year on outreach and access programmes to maximise their impact.

Ms Rayner pointed to an Office for Budget Responsibility (OBR) report from November last year which warned that public sector pay rises in the wake of the lifting of the cap would have to be met by «squeezing non-pay spending and by reducing the workforce».

In his Budget speech on Wednesday, Mr Osborne boasted that unlike under previous governments his figures «are not fiddled but fair and independent» as they are audited by the Office for Budget Responsibility.

«But it's not now us publishing the figures, it's the Office for Budget Responsibility.

Cameron said the Office for Budget Responsibility's publication of full tables for employment in the public and private sectors was «something that never happened under a Labour government».

Universal credit is on course to deliver only marginal taxpayer savings despite driving through huge cuts in benefit payments to many claimants, according to the Office for Budget Responsibility (OBR).

And the Official for Budget Responsibility only expects it to crawl back to 1.8 per cent in 2020.

The Office for Budget Responsibility predicts overall employment will increase every year for the next five years, despite the public sector headcount shrinking by more than 10 per cent.

A 2012 HMRC assessment - which the Office for Budget Responsibility called «reasonable» - estimated that cutting the top rate from 50p to 45p would cost # 100m a year.

The Office for Budget Responsibility (OBR) poses some difficult questions for both the government and the opposition.

The chancellor will be forced to reveal a grim set of economic forecasts in his first set - piece House of Commons statement, as the independent Office for Budget Responsibility makes its first projections of the impact of Brexit on growth and the public finances.

Mr Loynes said there was now a risk the full - year deficit could overshoot the recent Budget forecast put forward by the Office for Budget Responsibility.

Today's forecasts of what's going to happen to employment over the next five years according to the Office for Budget Responsibility (OBR) shed more light on how the new coalition government's deficit - slicing plans will hit those working in the public sector, writes Neil MacDonald.

John McDonnell, the shadow chancellor, said that information buried in the small print of last month's Office for Budget Responsibility report showed that three tax avoidance measures were now expected to raise significantly less than when they were first announced.

But today a senior member of the Office for Budget Responsibility which advises George Osborne claimed it is «unlikely to have a huge impact on migration flows».

An economist from the Office for Budget Responsibility warned banning migrants from claiming benefits would have little impact on slowing immigration.

The Office for Budget Responsibility has estimated that by 2020 there will be 60,000 fewer jobs as a result of the National Living Wage.

By repeating and extending the fundamental elements of the [Office for Budget Responsibility] methodology, it is clear that even if there is no slippage in borrowing from previous forecasts, the level of spare capacity in the economy is lower than expected, so the OBR will not be able to forecast as much catch - up growth as it did in March.

And he said the shadow education secretary was taking the fight to the Conservatives as the Office for Budget Responsibility prepares to unveil the growth and borrowing figures that will provide the statistical justification for tax rises and spending cuts in next week's Budget.

9.30 am: Sir Alan Budd, the outgoing chairman of the Office for Budget Responsibility, will be appearing before the Commons Treasury committee.

In it, he said that the Office for Budget Responsibility took the decision to publish employment forecasts a day early, following the publication of this story in the Guardian, because the Guardian figures were misleading and the OBR wanted to correct those figures.

The Office for Budget Responsibility has said George Osborne's budget increased the chances of Britain having a double - dip recession.

Labour's new approach is similar to Gordon Brown's so - called «golden rule», which allowed for borrowing to invest, but McDonnell insists his stance would be tougher, because he would promise to cut Britain's debt pile and strengthen the hand of the independent Office for Budget Responsibility.

He asks Byrne to accept that the Office for Budget Responsibility says the rich will pay more than under Labour.

Mr Osborne confirmed that the Office for Budget Responsibility had estimated that 490,000 could be cut over the next four years.

Robert Chote tells MPs he would not stake his reputation on the Office for Budget Responsibility's autumn statement predictions

«The savings were signed off by the Office for Budget Responsibility, they considered the compliance risk as well and higher rate taxpayers of course are required to disclose all relevant information.»

So Robert Chote got the job as head of the Office for Budget Responsibility.

Party analysis says figures from Office for Budget Responsibility show the amount written off will jump from # 2bn in 2044 - 45 under loans capped at # 3,000

The revelation follows an intervention by the Office for Budget Responsibility yesterday claiming that the coalition's immigration cap would make it much harder to cut Britain's budget deficit.

«Our fiscal rules will be monitored, independently, by the Office for Budget Responsibility.

According to the Office for Budget Responsibility, the tax rate will be 18p or 24p per litre.

The Office for Budget Responsibility indicated last year that cutting immigration to below 100,000 by 2020 would cost the government around # 8.7 bn a year by 2022.

Leslie, the MP for Nottingham East, asked the prime minister a question about whether Osborne had unwisely squandered the # 27bn forecasting windfall he was handed by the independent Office for Budget Responsibility in November's autumn statement.

That # 12bn has already been banked by the Office for Budget Responsibility in its calculations of the public debt.

That's been given short shrift by the Welsh Government which points out that the recent Charter for Budget Responsibility vote was designed to do just that.

Mr Osborne quoted the Office for Budget Responsibility (OBR) estimates for growth this year of 1.2 per cent and 2.3 per cent next year - compared to its previous forecasts of 1.3 per cent and 2.6 per cent under Labour's plans.

The Office for Budget Responsibility (OBR) has already painted a gloomy picture of the challenge.

New forecasts of growth and borrowing should be made by an independent Office for Budget Responsibility for this emergency budget.

The Office for Budget Responsibility has already factored in every single measure he's just announced.

As a result, the Office for Budget Responsibility estimates that 14,000 fewer social homes will be built between now and 2020/21.

The reason we know the Chancellor is off course is because the Office for Budget Responsibility is telling us so.

George Osborne gave fiscal forecasting to the Office for Budget Responsibility.

Elsewhere, the Office for Budget Responsibility stated that the Lifetime ISA was likely to push up the price of housing.

That came after the Office for Budget Responsibility (OBR) already downgraded it from 2.6 % to 2.3 % last June.

The paper challenged last week's predictions from the UK Office for Budget Responsibility (OBR) that short - term oil revenues would flatline to produce cumulative tax revenues of # 33.2 bn by 2018, saying that oil income would rise to up to # 57 billion.