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MNI BRIEF: Next UK OBR Forecast Round Set For Oct 27

(MNI) London

The UK Treasury announced that the first set of forecasts for the current financial year, 2021-22, from the Office for Budget Responsibility will be made on Oct 27. While these forecasts can accompany a Budget, there is no requirement for them to do so and the Treasury has set the forecast date without committing to an Autumn Budget, raising questions over whether it will have one or wait until the spring.

The OBR forecasts, which predict the public sector net cash requirement, provide the key measure for setting gilt issuance.

MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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