Liz Truss is preparing to hold a budget next month without an official economic forecast - despite one being ready should she ask for it
Liz Truss has been accused of trying to"avoid independent scrutiny" as she prepares to hold a budget next month without an official economic forecast, despite one being ready should she ask.
Having an emergency budget in September - in which she will make long-term funding pledges - has been a key part of the frontrunner's campaign to get into Number 10. The move has been branded"worrying" by an economist and expert in government finance, while the team behind Conservative leadership rival Rishi Sunak accused Ms Truss of wanting"to avoid independent scrutiny".
The Office for Budget Responsibility provides forecasts for all budgets as part of the founding law of the body, enacted in 2010.While the OBR is ready to provide an analysis for Ms Truss if she asks for it, the former Treasury minister - who counts the chancellor and chief secretary to the Treasury among her supporters - wants to go ahead without it.
A Truss spokesperson said:"The cost of living crisis means immediate action is required. A Truss government would seek to act as soon as possible to help people across the UK, by cutting taxes and introducing a temporary moratorium on energy levies."
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