Since last Friday (23 September) the government has caused a dramatic run on the pound, forced the removal of almost 1,000 mortgage products, and triggered a “material risk” to the solvency of the country’s pension funds. For many people that would be enough for one week, but Liz Truss and Kwasi Kwarteng went for one more push this afternoon (30 September) when they announced that they will not release the forecasts of their own regulator, the Office of Budget Responsibility (OBR), until 23 November.
The average person could be forgiven for thinking that the question of whether the OBR is allowed to publish a report or not is a bit dull. But this is a question with serious implications for your energy bills, your mortgage, your pension and your employment.
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