Official Twitter channel of the Office for Budget Responsibility (OBR). The OBR provides independent and authoritative analysis of the UK’s public finances.
London
Joined October 2011
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Read more in our latest commentary: obr.uk/monthly-public-financ…
Rydym newydd gyhoeddi ein diweddariad ar ragolygon trethi Cymru sy'n ymgorffori datblygiadau diweddar mewn derbyniadau treth trafodion tir a threth gwarediadau tirlenwi.
Lawrlwythwch ein hadroddiad sy'n cyd-fynd â Chyllideb Ddrafft @TrysorlysCymru.
obr.uk/wto/rhagolwg-trethi-c…
We have just published our Welsh taxes outlook update that incorporates recent developments in land transaction tax and landfill disposals tax receipts.
Download our report which accompanies the @WelshTreasury Draft Budget: obr.uk/wto/welsh-taxes-outlo…
Yfory byddwn yn diweddaru ein rhagolygon trethi Cymru gyda rhagolygon newydd ar gyfer treth trafodion tir a threth gwarediadau tirlenwi.
Tomorrow we will update our Welsh taxes outlook with new forecasts for land transaction tax and landfill disposals tax.
Interested in how HMRC compliance yield is estimated?
Read about the OBR's approach to scrutinising and assessing compliance measures in our newly published article: articles.obr.uk/estimating-t…
We've just published an article explaining how we use estimates of the tax gap and baseline compliance to inform our assessment of tax compliance measures: articles.obr.uk/estimating-t…
Tomorrow at 11am we will be publishing a new article exploring developments in the OBR's approach to estimating the yield from tax compliance measures.
Read more in our latest commentary: obr.uk/monthly-public-financ…
What are the risks relating to the UK’s public balance sheet? 🧾
Chapter 3 of our latest FRS report examines shocks to financial assets, reclassification risks from bodies like water companies and £250 billion in contingent liabilities.
#OBRfiscalrisks
Fiscal risks and sustainability 2025: balance sheet
An explainer covering the risks relating to the UK’s public balance sheet.
How could climate change affect the UK’s economy and public finances? 🌍
Chapter 4 of our latest FRS report updates our estimates of the fiscal costs of both climate-related damage and the transition to net zero.
#OBRfiscalrisks #climatechange #netzero
Fiscal risks and sustainability 2025: climate
An explainer exploring how the fiscal costs of climate-related damage and the transition to net zero could affect the UK’s economy and public finances.
State pension costs could reach nearly 8% of GDP by the 2070s 📈
Chapter 2 of our latest FRS report explores three key risks to the public finances from the pension system – rising costs, private saving adequacy and falling demand for gilts.
#OBRfiscalrisks
Fiscal risks and sustainability 2025: pensions
An explainer exploring three key risks to the public finances from the pension system – rising costs, private saving adequacy and falling demand for gilts.
What are the biggest long-term risks to the UK’s public finances? 📉
Our latest Fiscal risks and sustainability report covers future pressures from pensions, the public balance sheet and climate-related costs.
Watch our explainer to learn more 👇 #OBRfiscalrisks
What is the Fiscal risks and sustainability report?
A short explainer covering why we produce our Fiscal risks and sustainability report and some of the biggest long-term risks to the UK’s public finances.
Ever wondered how we forecast participation trends?
Read our latest article for more detail on how the OBR produces its forecast for trend participation and how we adjust for factors such as changes to the state pension age: articles.obr.uk/forecasting-…
Have you ever wondered how changes in the economy might affect the UK’s public finances? 🔍
We’ve just published our updated tax and spending ‘ready reckoner’, consistent with our March 2025 forecast, that reveals how changes in selected economic variables affect our fiscal forecast.
obr.uk/ready-reckoner/
Tomorrow at 11am we will be publishing an article on our process for forecasting the trend participation rate including the use of our cohort model.
Tomorrow at 11am we will publish our updated tax and spending ‘ready reckoner’, consistent with our March 2025 forecast, enabling users to obtain quick, indicative estimates of how changes in the economy affect the public finances.
