Starmer Backs Fiscal Watchdog Amid Forecast Concerns

British Prime Minister Keir Starmer affirmed his support for the fiscal watchdog but expressed confusion over the Office for Budget Responsibility's timing in downgrading productivity forecasts, considering it a significant error. Starmer emphasized the OBR's role as essential for economic stability.

British Prime Minister Keir Starmer has voiced his unwavering support for the fiscal watchdog, underscoring its crucial role in maintaining economic stability.

Starmer expressed bewilderment over the Office for Budget Responsibility's decision to downgrade productivity forecasts, particularly its early release around the budget period, labeling it a 'serious error'.

Despite his concerns, Starmer remains a strong advocate of the OBR, asserting its importance for the country's economic steadiness.

(With inputs from agencies.)