Healey is accused of 'made up numbers' as the Budget watchdog admits its forecasts are already out of date
Sophy Ridge questions Andy Burnham on screen, as the OBR projects net migration rising from 120,000 this year to 230,000 annually by mid-2031.OBR migration projections, as the Chancellor defended his government's record despite forecasts of nearly one million more arrivals than departures over the next five years.
The Resolution Foundation, a think-tank regarded as a Labour favourite, calculates that typical working-age households will be £1,050 worse off by 2029 after energy bills, frozen pay and Labour tax raids take their toll. Ruth Curtice, the Foundation's chief executive, said the Budget was 'scattergun' and support spread 'too thin', with the OBR itself warning Britain faces a "pretty grim picture" of virtually no growth in per-person household income since before Covid.
Pensions consultant LCP warns Healey has created a 'bizarre' 53 per cent effective tax rate for around 200,000 low-income pensioners caught in a new benefit taper.
The IFS called the Budget a 'raft of fiddly measures' that does little to boost growth, with the £100 energy payment branded 'terribly badly targeted' by the think-tank's interim chief economist Greg Thwaites.
