Osborne has failed to publish the new Charter for Budget Responsibility that he promised.

Politics and Insights

Last autumn, the Toriescynically vetoed Ed Balls’s plan to allow the Office for Budget Responsibility to audit Labour’s manifesto.Ed Ball’s said:

“In tough times it’s even more important that all our policies and commitments are properly costed and funded.

The British people rightly want to know that the sums add up. So we will go one step further and ask the independent Office for Budget Responsibility (OBR) – the watchdog set up by this government – to independently audit the costings of every individual spending and tax measure in Labour’s manifesto at the next election.”

This is the first time a Shadow Chancellor – the first time any political party in Britain – has ever said it wants this kind of independent audit. A radical change from what’s gone before, but the right thing to do to help restore public trust in politics. The Tories have

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