Office for Budget Responsibility London
The Office for Budget Responsibility came into being in May 2010. The main objective of developing this office was to have independent and authentic economic predictions or forecasts in the backdrop of the United Kingdom’s Budget preparations and public finances. Due to its high standards, the Office for Budget Responsibility has quickly become a part of the official independent fiscal supervisory bodies around the globe. Before it was formally created in 2010, the Conservative party (opposition in 2009) had constituted it in December 2009 before general elections. This office is currently led by Robert Chote, who was previously associated with the Institute of Fiscal Studies as a director.
Visit: Office for Budget Responsibility Website
Instructions
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Facilities & Services:
The Office for Budget Responsibility provides various services, but its main objectives are:
- Make forecasts for the public and economic finances.
- Judge the advancement to the fiscal targets of the government.
- Gauge the public finances long term sustainability.
- Inspect the assessment of budget measures of the Treasury. -
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Organization Structure:
The Office for Budget Responsibility is headed by the 3 people, who are members of the Budget Responsibility Committee (BRC). After these three members, the Office for Budget Responsibility Oversight Board looks after the matters. This board consists of 3 BRC members and 2 non-executive members. To give a complete view, below is the organizational hierarchy:
Budget Responsibility Committee
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Members of the BRC (3)
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Non-Executive members (2)
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Operational Hours:
Activities start at the Office for Budget Responsibility from 9:00 am and end around 5:00 pm, only on the weekdays. -
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How to Contact:
In order to get in touch with the Office for Budget Responsibility, people should either write to them or use the phone number and email address mentioned below.
Location: Office for Budget Responsibility, 20 Victoria Street, London SW1H 0NF, UK.
Press Enquiries: +44 20 7271 2466
Email: obrenquiries@obr.gsi.gov.uk
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Location:
20 Victoria Street, London SW1H 0NF, United Kingdom. -
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How to Get to Office for Budget Responsibility:
By Tube
St James’s Park tube station is located at a distance of 0.1 mile from the Office for Budget Responsibility and by walk users of this London Underground station can bridge this gap in 2 minutes. Head southwest on Broadway towards St. Ermin's Hill from the St James’s Park tube station and turn left onto Dacre Street. Then turn slightly right onto Dean Farrar Street, which will lead them to a left turn onto Victoria Street/A302, from where destination is not too far and can be located on the left after covering a few ft. View Map
By Bus
Gt Smith St Westminster Abbey (Stop V) is the nearest bus stop from the Office for Budget Responsibility. Visitors have a wide range of bus numbers to select from in order to get to their destination from this bus stop, which is 49 ft away and 12 seconds by walk. Visitors should head out in the southwest course on Victoria Street/A302 towards Dean Farrar Street after arriving at this bus stop and bus numbers they can use to get here are 11, 24, 148, 211, N2, N11, N44, N136, 700, 715, 716, 719, 720, 721, 722, 750, 751, 761, 762, 763, 764, 769, 770 and N52.