andy verity, indispensable _ people less poor. andy verity, indispensable on _ people less poor.e on a day - people less poor. andy verity, indispensable on a day like - people less poor. andy verity, i indispensable on a day like today. thank you for taking us through your analysis on those tax changes. joining me as richard hughes, the chair of the office for budget responsibility. welcome to bbc news. we've been hearing a lot about your organisation in the last few days. apologies, we will try and have this conversation amongst the shouting. now that the budget has been delivered we've also heard some forecasts and research from dob are. just take us through what you've issued and what that means. it’s issued and what that means. it's onl been issued and what that means. it�*s only been three months as a last forecast in november. some bad news, the economy shrunk at the last to present but good news going forward, inflations become a down faster or for the interest rates are also good of all faster. we expect that her support and a stronger recover this year and next year whi

andy verity, you will be with _ or still worse. andy verity, you will be with us _ or still worse.ill worse. andy verity, you j will be with us all day taking us through the developments as the budget and falls. for the moment, thank you very much. joining me now is conservative mp harriett baldwin, chair of the treasury select committe, the cross party group of mps who examine the work of the treasury and other financial bodies welcome to bbc news. your committee because myjob is to scrutinise the budget once we know what it is. what things you will be looking at for today. i things you will be looking at for toda . ., . things you will be looking at for toda . ~ ., ., ., ., , things you will be looking at for toda . ~ ., ., ., m , today. i think a lot of it has been trialled already _ today. i think a lot of it has been trialled already but _ today. i think a lot of it has been trialled already but there - today. i think a lot of it has been trialled already but there is - today. i think a lot of it has been| trialled already but there is some speculation _ trialled already but t

0ur economics correspondent, andy verity is in our newsroom. good to talk to again.et. how much of this is a price you have any. i budget. how much of this is a price you have any-— you have any. i have an advantage over ou you have any. i have an advantage over you because _ you have any. i have an advantage over you because there _ you have any. i have an advantage over you because there is - you have any. i have an advantage over you because there is no-one | over you because there is no—one charting the background now! not that much of the entity but i do have the numbers which are quite interesting. the 0br has done was it calls its economic and fiscal outlook, a key document which tells us what they think is going to happen economically with the public finances etc over the next four years. as we heard, they upgraded their focus for what the economy's going did in next year, so it's going did in next year, so it's going to grow more. what we mean by the economy? we mean people and their economic activity. things they buy and sell, what they do, etc. that activi

you are in downing street, leila, and our economics correspondent are to be mike andy verity who wassroom. most are with you, i love. we know the cabinet has met and they have been briefed by the chancellor. ~ ., ., and they have been briefed by the chancellor-— and they have been briefed by the chancellor. ~ ., ., , ., chancellor. what more can you tell us? good morning, _ chancellor. what more can you tell us? good morning, the _ chancellor. what more can you tell us? good morning, the cabinet- us? good morning, the cabinet gathers before first thing and then within the next hour or so we will see jeremy within the next hour or so we will seejeremy hunt come out of number 11 with his big red box and his ii with his big red box and his treasury team as is customary before budget and before he heads over the parliament and then we will have prime minister's questions before the chancellor is on his feet. i think it interesting today that we have already one of the big headlines, pretty much nailed down that we are expecting this to p cut to national insurance. the chancellor has spok