Source · Select Committees · Treasury Committee

Recommendation 45

45

conclusion Bearing in mind the current economic context, we reject the siren calls for immediate,...

Conclusion
conclusion Bearing in mind the current economic context, we reject the siren calls for immediate, fundamental reform to the position and independence of the OBR. The potential reform of the OBR must be subject to a high bar, given the risk of undermining both its actual and apparent independence at a time when markets are especially sensitive to levels of government debt. That bar has not been met. 15