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Office for Budget Responsibility

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Message History

The window in which we took average interest rates and market determinants for incorporation into the final pre-measures economy forecast was the 10 working days to 22 January.

This window for interest rates in the final pre-measures fiscal forecast was the 10 working days to 30 January.

This EFO will be published on the HM Treasury website once the Chancellor’s...


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The rapid Investigation into November 2025 EFO publication error, published in December 2025, recommended that a deeper examination of recent Economic and fiscal outlook (EFO) events be urgently carried out with expert sup...


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Since the publication of our November 2025 Economic and fiscal outlook (EFO) we have received a request for further detail on both our costing of applying national insurance contributions to salary-sacrifice pension contributions, and ...


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Since the publication of our November 2025 Economic and fiscal outlook (EFO) we have received a request for further detail on our funded pensions forecasts. We have published this new supplementary forecast information below and on the November 2025 EFO page.


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