Will the OBR be Osborne’s Secret Weapon?
Who does it make life harder for – government or opposition? It would be easy to see the admission made by George Osborne in this week’s Budget that the anticipated growth rate for 2011 had fallen and that the expected levels of borrowing had gone up as bad news for the government. And in the short term, it is. It means Labour have the opportunity to claim that the government’s policies aren’t working (whether or not they are isn’t the…