The Institute for Fiscal Studies tells i Ms Truss has no 'good reason' not to commission an update on gloomy economic figures from the independent OBR
However, economists believe that headroom is likely to be cut by half or more in the next OBR forecast, meaning Ms Truss would have to scale back her tax policies or borrow billions of pounds more.reported that she could simply use March’s OBR forecast to underpin her Budget instead of commissioning a new one.
“They now say that they will provide people with help – but what help, for who, when and how it will be paid for remains a mystery. “To do so would mean increasing borrowing to historic and dangerous levels, putting the public finances in serious jeopardy and plunging the economy into an inflation spiral.
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