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Critics of UK government’s economic forecaster are ‘shooting the messenger’, say MPs

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Inman, P. (2026, September 23). Critics of UK government’s economic forecaster are ‘shooting the messenger’, say MPs. The Guardian. https://www.theguardian.com/business/2026/sep/23/obr-treasury-committee-shooting-messenger-mps-economic-forecaster-uk

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The Guardian · collected 2026-09-23 · by Phillip Inman

Quick Summary

An influential group of MPs from the Treasury committee defends the UK’s independent economic forecaster, the Office for Budget Responsibility (OBR), against criticism from various political quarters. The committee argues that blaming the OBR is akin to "shooting the messenger" and asserts that the organization should not face fundamental reform or be held responsible when policymakers have to make tough decisions due to tight public finances. However, the MPs suggest considering a 10-year economic forecast by the OBR alongside its current five- and 50-year forecasts and propose allocating time in Parliament for debate on fiscal risks and sustainability reports over the next 50 years.
Written by AI on 2026-09-23, from this article's own text only (the story summary below draws on all the coverage).

AI analysis

Story summary

MPs on the Treasury committee defended the Office for Budget Responsibility (OBR) against critics who accuse it of misleading economic forecasting. The committee dismissed calls to reform or blame the OBR for tough policy decisions due to tight public finances, arguing that such criticisms are "shooting the messenger." However, they agreed that ministers should consider instructing the OBR to include a 10-year forecast in addition to its current five- and fifty-year forecasts. The committee also recommended setting aside time in Parliament to debate the OBR’s annual fiscal risks report, which outlines threats to public financial stability over the next 50 years. Chairwoman Dame Meg Hillier stated that while critics portray the OBR as wielding "dark powers," evidence shows this is not true, emphasizing the importance of the OBR's role in guiding government spending decisions.

Written for “UK Economic Forecaster Criticism” on 2026-11-02, grounded in this article and the 0 other(s) covering the same event.

Story

📰 UK Economic Forecaster Criticism
Economy/Business · 1 article(s) covering the same event.

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How this article was measured signals, leaning charts, publisher record, byline, topics and claims

Signals How these are calculated →

Claims extracted
16
sentences that state something as happening or true
Uncertain
12%
2 of 16 hedged ("reportedly", "may", "according to")
Leaning
Leans strongly right
of the writing, not the subject · beta estimate
Publisher signals
66/100
The Guardian's corrections and hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
1
Economy/Business
Same framing elsewhere
1
articles that frame the event the way this one does
Analyzed 2026-09-23 · how these are computed

How this is being covered How these are calculated →

Article leaning vs. publisher reliability
Source leaning vs. consistency

Publisher

The Guardian · 2840 article(s) · 6 correction(s) detected
Running correction rate · 6 correction(s)

Who wrote this

Phillip Inman
6 article(s) here · 1 carrying a prediction
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🔮 Attacks on the government’s independent economic forecaster from left and right of the political spectrum are akin to “shooting the messenger”, according to an influential group of MPs.
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Also by Phillip Inman
Nothing else under this byline is closely related to this article, so these are simply their most recent.
All 6 articles by Phillip Inman →

Topics

OBR Parliament Treasury the Office for Budget Responsibility the University of the West of England

Subjects

OBR ORG · 10× Treasury ORG · 3× Hillier PERSON · 2× Dame Meg Hillier PERSON · 1× George Osborne PERSON · 1× Jo Michell PERSON · 1× Osborne PERSON · 1× Parliament ORG · 1× the Office for Budget Responsibility ORG · 1× the University of the West of England ORG · 1×

Narrative

The Treasury committee rejected “siren calls to fundamentally reform” the Office for Budget Responsibility (OBR) and said it should not be blamed when policymakers had to make tough decisions because of tight public finances. However, the MPs said they were persuaded that ministers should consider instructing the OBR to adopt a 10-year economic forecast to complement the five- and 50-year forecasts that it already publishes.
framing: assertive · carried by 1 article(s) · first seen 2026-09-23
🔮 Attacks on the government’s independent economic forecaster from left and right of the political spectrum are akin to “shooting the messenger”, according to an influential group of MPs.

Claims (16 extracted, 2 hedged)

Attacks on the government’s independent economic forecaster from left and right of the political spectrum are akin to “shooting the messenger”, according to an influential group of MPs. uncertain
Attacks → shoot → MPs
The Treasury committee rejected “siren calls to fundamentally reform” the Office for Budget Responsibility (OBR) and said it should not be blamed when policymakers had to make tough decisions because of tight public finances. However, the MPs said they were persuaded that ministers should consider instructing the OBR to adopt a 10-year economic forecast to complement the five- and 50-year forecasts that it already publishes. asserted
it → reject → that
Parliament should also set aside time to debate the OBR’s annual fiscal risks and sustainability report, which sets out threats to the stability of public finances over the next 50 years. asserted
which → set → years
Dame Meg Hillier, chair of the committee, said critics of the OBR had sought to characterise it as “a wielder of dark powers with a stranglehold on Treasury ministers and officials”. asserted
critics → say → ministers
But she said a review by the committee had found “it’s simply not true”. asserted
it → say → committee
Hillier said: “The fiscal rules, and therefore the OBR’s forecasts, become more important when government spending operates on razor-thin margins. asserted
spending → say → margins
The OBR was set up in 2010 by the then chancellor George Osborne to provide independent forecasts of economic growth and assess the impact of the government’s tax and spending policies. asserted
OBR → set → policies
Since then, it has come under fire for allegedly underestimating the impact of successive austerity budgets under Osborne’s chancellorship and, more recently, overestimating the growth potential of the economy. uncertain
it → come → economy
Prof Jo Michell, an economist at the University of the West of England, and Dr Robert Calvert Jump, an economist at the University of Greenwich, told the committee that the OBR’s forecasts about the level of spare financial capacity, often referred to as headroom, at the end of a five-year forecast had come to dictate government spending policies. “ asserted
forecasts → tell → policies
The OBR has evolved into a body that determines the bounds of permissible fiscal policy, despite lacking the democratic mandate to fulfil such a role […] It does not merely produce forecasts; it determines whether the government passes or fails its fiscal rules. asserted
government → evolve → rules
As a result, its ‘headroom’ figures have become the binding constraint on policy,” they said. asserted
they → become → policy
The latest review by the Treasury committee followed the resignation in December 2025 of chair Richard Hughes after the OBR’s assessment of the previous budget was leaked. asserted
assessment → follow → budget
Hillier said: “Now is the time to preserve the independent voice within our economic debate, not attempt to undermine it. asserted
time → say → it
I would like to hear our new chancellor and the wider administration make that point clearly and regularly. asserted
chancellor → like → point
“I do, however, think there is merit in looking at both the potential longer-term effects of government policies and the possible path of the economy further out. asserted
I → think → economy
While these will be highly uncertain, it can help to start a debate on how to break the cycle of short-term thinking, which so often holds this country back.” asserted
which → help → country
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