OBR should focus more on policy growth ‘upsides’ – says Tony Blair think tank

cityam11-06

Labour officials have been urged to make unpopular decisions on taxes. The Government must force the Office for Budget Responsibility (OBR) to take more account of policy “upsides” when assessing an ...

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The Government must force the Office for Budget Responsibility (OBR) to take more account of policy “upsides” when assessing an ...</p>\n\n<a href=\"https://www.cityam.com/obr-should-focus-more-on-policy-growth-upsides-says-tony-blair-think-tank/\">Source Link</a>\n\n</div>\n","source":"cityam_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>OBR should focus more on policy growth ‘upsides’ – says Tony Blair think tank</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOBR should focus more on policy growth ‘upsides’ – says Tony Blair think tank\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-11-06 14:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cityam.com/obr-should-focus-more-on-policy-growth-upsides-says-tony-blair-think-tank/><strong>cityam</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Labour officials have been urged to make unpopular decisions on taxes. The Government must force the Office for Budget Responsibility (OBR) to take more account of policy “upsides” when assessing an ...</p>\n\n<a href=\"https://www.cityam.com/obr-should-focus-more-on-policy-growth-upsides-says-tony-blair-think-tank/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4130","symbol_name":"人力资源与就业服务","start_time":0,"source_url":"https://www.cityam.com/obr-should-focus-more-on-policy-growth-upsides-says-tony-blair-think-tank/","article_id":"2581533110","we_media_id":null,"thumbnails":["https://www.cityam.com/wp-content/uploads/2025/10/GettyImages-2237717232-e1759855869772.jpg?w=286&h=161&crop=1"],"rights":{"source":"cityam_highlight","url":"https://www.cityam.com/obr-should-focus-more-on-policy-growth-upsides-says-tony-blair-think-tank/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2581533110","pubTimestamp":1762408800,"columns":[],"sourceInfo":{"source_id":"cityam_highlight","name":"cityam"},"weMediaInfo":null,"summary":"Labour officials have been urged to make unpopular decisions on taxes. The Government must force the Office for Budget Responsibility  to take more account of policy “upsides” when assessing an impact on growth, Tony Blair’s think tank has said.The Treasury watchdog should be required to be bolder in predicting growth to reward more ambitious economic policies, a report by the Tony Blair Institute  suggested.The OBR is widely expected to downgrade its economic and productivity forecasts ahead of the Budget, which will likely leave Reeves with a fiscal black hole of more than 20bn.The report said the Government should force the OBR to produce two forecasts rather than one, which would see it publish its existing independent baseline and a second more optimistic prediction on growth dubbed the “Upside Policies Scenario”.The TBI report also drew up a number of other pro-growth – but potentially costly policies – for the Chancellor to consider.The government should scrap stamp duty on shar","collect":0,"end_time":0,"defaultTopTitle":"cityam.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4130":"人力资源与就业服务","TBI":"TrueBlue"},"translate_title":"托尼·布莱尔智库表示，OBR应该更多地关注政策增长的“好处”","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TBI":1},"content_text":"Labour officials have been urged to make unpopular decisions on taxes. The Government must force the Office for Budget Responsibility (OBR) to take more account of policy “upsides” when assessing an impact on growth, Tony Blair’s think tank has said. The Treasury watchdog should be required to be bolder in predicting growth to reward more ambitious economic policies, a report by the Tony Blair Institute (TBI) suggested.The OBR is widely expected to downgrade its economic and productivity forecasts ahead of the Budget, which will likely leave Reeves with a fiscal black hole of more than £20bn.The report said the Government should force the OBR to produce two forecasts rather than one, which would see it publish its existing independent baseline and a second more optimistic prediction on growth dubbed the “Upside Policies Scenario”. \n\nThis framework would allow the OBR to reward risky policies and enable politicians to make a better pro-growth case to the public.\n\n\n\n\n\n\nNews Updates\nStay ahead with our three daily briefings delivering all the key market moves, top business and political stories, and incisive analysis straight to your inbox.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThis new system would also encourage politicians and the public to view budgets as opportunities to generate growth rather than tax-and-spend fiscal exercises, the think tank said.Growth needed to raise living standardsThe report called on the Treasury to be bolder in incentivising economic growth by introducing a raft of pro-business policies. Tom Smith, director of economic policy at the TBI, said: “Only a bold, pro-enterprise plan can lift living standards, strengthen the public finances and give the government the fiscal room for the changes voters want. Progressive policy tomorrow demands a pro-business growth plan today.”  \n\nThe TBI report also drew up a number of other pro-growth – but potentially costly policies – for the Chancellor to consider.The government should scrap stamp duty on shares to bring the UK in line with its global competitors by encouraging more trade, the report said.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2581533110","isCrawlerRequest":true}