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Faisal Islam

@faisalislam

Econ Editor, BBC. Fin crisis book @theDefaultLine .. Newsnight. Host award-winning 2016 EUref TV interviews & 2017 GE debate. United ST.

calendar_today04-03-2009 18:36:20

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As PM meets OBR, £ is back up to USD levels during mini budget..

Not aware of precedent for this, eg Chote didnt meet Cameron in this way.

..OBR, whose offer of mini budget forecast was rejected, despite having provided a draft on first day of administration, in strong position

As PM meets OBR, £ is back up to USD levels during mini budget.. Not aware of precedent for this, eg Chote didnt meet Cameron in this way. ..OBR, whose offer of mini budget forecast was rejected, despite having provided a draft on first day of administration, in strong position
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Why strong?

OBR demonstrate fierce independence, by insisting on offer of forecast and publishing transparent letters detailing how rejected.

Now, as Charlie Bean told World Tonight, he anticipates that Treasury might disagree with OBR over long term growth impact of Govt plans

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