Reeves says her plan is working as growth forecast cut for this year
The forecasts were made before the conflict in the Middle East broke out which could have a "very significant" impact, the OBR said.
Coverage by Political Leaning
See how different sides of the spectrum reported this story
Notable Quotes
"the government had 'the right economic plan' for the country"
— Rachel Reeves , Politician
"the economy was 'heading in the right direction, but a further acceleration is needed'"
— Shevaun Haviland , Executive
"the chancellor 'missed the chance' to address a wave of cost increases"
— Tina McKenzie , Executive
Key People
David Miles is a member of the OBR's Budget Responsibility Committee.
Paul Dales is the chief economist at Capital Economics.
Chancellor who announced guaranteed paid work placements for youth.
Shevaun Haviland is the director general of the British Chambers of Commerce.
Tina McKenzie is the policy chair at the Federation of Small Businesses.
Locations
Tags
All Coverage
The forecasts were made before the conflict in the Middle East broke out which could have a "very significant" impact, the OBR said.
Similar Stories
Related coverage based on topic and tags
Venezuela's president expects third-quarter growth after earthquake hit - Reuters
Venezuela's president expects third-quarter growth after earthquake hit Reuters
October 8, 2026 at 08:59 PMEuropean majors' strong earnings growth expected to have continued in Q3 - Reuters
European majors' strong earnings growth expected to have continued in Q3 Reuters
October 9, 2026 at 08:11 AMUS EIA hikes oil price forecasts again as Iran war drains global stockpile - Reuters
US EIA hikes oil price forecasts again as Iran war drains global stockpile Reuters
October 6, 2026 at 05:39 PMUS luxury spending slows ahead of midterms, credit card data shows - Reuters
US luxury spending slows ahead of midterms, credit card data shows Reuters
October 6, 2026 at 11:06 PMWorld Bank sees Nigeria growth averaging 4.4% through 2028 - Reuters
World Bank sees Nigeria growth averaging 4.4% through 2028 Reuters
October 8, 2026 at 02:15 PMDelta Air cuts profit forecast as $6 billion fuel-cost surge outweighs fare gains - Reuters
Delta Air cuts profit forecast as $6 billion fuel-cost surge outweighs fare gains Reuters
October 9, 2026 at 11:36 AM