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Following a turbulent two months in politics, policy and financial markets, on 17 November Jeremy Hunt will present the government’s autumn statement, alongside a new set of fiscal and economic forecasts from the Office for Budget Responsibility (OBR). The following day the IfG hosted an event to react to the chancellor’s statement.
We were delighted to be joined by Ben Chu, Economics Editor at BBC Newsnight, and Richard Hughes, Chair of the OBR, to discuss:
- What the new forecasts reveal about the outlook for the government, households and public services.
- What choices has Rishi Sunak made to help restore fiscal sustainability and credibility? Has it worked and will the government be able to deliver it all?
- What have the events of the past two months taught us about the importance and strength of the institutions at the heart of fiscal policy making – including the relationship between the OBR, the Treasury and ministers?
Nick Davies, Programme Director at the Institute for Government, and Dr Gemma Tetlow, Chief Economist at the Institute for Government, also joined Richard to discuss the prime minister's fiscal plans drawing on the 2022 edition of the IfG and CIPFA Performance Tracker. Dr Hannah White, Director of the Institute for Government, chaired the panel.
We would like to thank CIPFA for kindly supporting this event.