Why Healey's 2026 UK budget forecasts simply do not add up. (Video from Richard Murphy, Funding The Future)
https://www.taxresearch.org.uk/Blog/2026/10/30/labours-budget-doesnt-add-up/
Funding the FutureLabour’s budget doesn’t add upThe government’s own economic forecasts reveal something extraordinary about Labour’s Budget. The figures simply don’t add up.
I’ve examined the Office for Budget Responsibility’s forecasts underpinning John Healey’s October 2026 Budget, and what I have found is deeply worrying.
The OBR’s assumptions about oil prices, gas prices, inflation, interest rates and economic...