Office for Budget Responsibility

MPs have called on the Chancellor to return to giving just one Budget statement a year.

George Osborne will deliver his annual Autumn Statement on 5 December.

Chancellor George Osborne said UK inflation will come down signficantly by the end of the year.

The Office for Budget Responsibility will revise up its growth forecasts for the UK economy in Wednesday's Budget, reports suggest.

The International Monetary Fund (IMF) has slashed its growth forecasts for a number of major European economies for 2012 due to ongoing concerns about the region's recovery.

The Office for Budget Responsibility (OBR) has almost doubled its projections for public sector workforce reductions as a result of spending cuts in today's Autumn Statement.

The full statement from Chancellor George Osborne.

The Office for Budget Responsibility has revised public sector net borrowing forecasts even as Chancellor George Osborne proclaims the effect of falling gilt yields.

The Chancellor has confirmed he will deliver his Autumn Statement on 29 November, on the same day as the Office for Budget Responsibility (OBR) issues its latest economic forecasts.

Public finances are likely to come under pressure into the next Parliament and beyond as Britain struggles to deal with the cost of social care for its an ageing population, the Office for Budget Responsibility (OBR) has said.