The School of Economics at The University of Nottingham will be welcoming Robert Chote, the Chair of the Office for Budget Responsibility, as a guest lecturer on Thursday 22 October.
“Reflections on our First Five Years” is open to the public and will take place at 5pm in room A48 at the Sir Clive Granger Building on University Park.
The Office for Budget Responsibility was created in 2010 to provide independent and authoritative analysis of the UK’s public finances.
It has five main roles:
- To produce five-year forecasts for the economy and public finances twice a year.
- To use our public finance forecasts to judge the Government’s performance against its fiscal targets.
- To scrutinise the Treasury’s costing of tax and welfare spending measures.
- To assess the long-term sustainability of the public finances.
- To assess the Government’s performance against the welfare cap and, in order to facilitate open and constructive debate about welfare spending, publish information on the trends in and drivers of welfare spending in our annual Welfare trends report.
Robert Chote has been Chair of the Office for Budget Responsibility (OBR) since October 2010.
Previously Mr Chote served as Director of the Institute for Fiscal Studies from 2002 to 2010, as an adviser to senior management at the International Monetary Fund from 1999 to 2002, as Economics Editor of the Financial Times from 1995 to 1999, and as an economics and business writer on the Independent and Independent on Sunday from 1990 to 1994.
Professor Paul Mizen, Professor of Monetary Economics in The School of Economics said: “It is always great news when high profile speakers come to the University. We are delighted to welcome Robert to present this public lecture so we can hear first hand of the work of the OBR.”
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