LONDON (Reuters) - Full financial forecasts from Britain's Office for Budget Responsibility (OBR) will be published before the end of this calendar year, most likely in December, Chief Secretary to the Treasury, Chris Philp, said on Friday.
LONDON (Reuters) – Full financial forecasts from Britain’s Office for Budget Responsibility (OBR) will be published before the end of this calendar year, most likely in December, Chief Secretary to the Treasury, Chris Philp, said on Friday.
“The full OBR forecast will happen before the end of this calendar year, so most likely sometime around about December,” he told BBC TV. “In terms of a budget, that’s a matter for the chancellor (finance minister) but he might do one before the end of the financial year. I’m not announcing that, that is up to him.”
Asked about a spending review, he said: “We’ve got our spending envelope… and that envelope is staying as it is.”
(Reporting by William James and Kate Holton, Editing by Kylie MacLellan)
Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV. Learn more about Thomson Reuters products: