Former Prime Minister Liz Truss has attacked Rachel Reeves’s plan to give the OBR (Office for Budget Responsibility) more power and claimed “she wants to make no decisions about the economy. The ex-PM’s mini-budget saw her administration shun the OBR when it announced £45billion in unfunded tax cuts in September 2022, scaring off financial markets and leading mortgage rates to soar. The new Labour government hopes to prevent this from happening again and wants to build confidence among investors and boost economic growth. A new law expected to be introduced on Thursday will mean the OBR, which…
