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Britain’s economic outlook: what did Rachel Reeves know — and when?

Fiscal watchdog’s letter ‘set out the facts’ about the evolution of its forecasts in the run-up to the Budget

Rachel Reeves has been accused of misleading the public by exaggerating the fragile state of the public finances in the run-up to this week’s Budget, to justify tax rises for higher welfare spending.

The row was triggered by revelations from fiscal watchdog the Office for Budget Responsibility on Friday that official forecasts for the public finances were healthier than the chancellor suggested earlier in the autumn.

So what did Reeves say — and what did she know — in the past three months?

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