UK General Election: The fiscal environment for a new Government

With Labour’s Shadow Chancellor Rachel Reeves indicating she would wait for new fiscal forecasts before a post-election Budget eyes now turn to the Office for Budget Responsibility (OBR). Their take on the UK’s economic prospects and what different party’s plans will mean for growth will play a critical role in determining the decisions the next Chancellor can take. As manifestos are finalised - each party’s expectations for the fiscal room for manoeuvre they will have will also impact their overall ambition.

To explore what this likely means, Flint Partner, Jon Sell, a former senior civil servant in the Treasury is joined by Andy King, former member of the OBR’s executive ‘Budget Responsibility Committee’, and Giles Wilkes, former government Special Adviser on economic policy.