Budgets
How did each Budget's plans turn out?
The year ahead is the first financial year that starts after the event. A lighter marker is an OBR outlook with no Budget.
OBR data not loaded.
Fiscal events
- 2010Emergency Budget
- 2010Economic and fiscal outlook
- 2011Budget 2011
- 2011Autumn Statement 2011
- 2012Budget 2012
- 2012Autumn Statement 2012
- 2013Budget 2013
- 2013Autumn Statement 2013
- 2014Budget 2014
- 2014Autumn Statement 2014
- 2015Budget 2015
- 2015Summer Budget 2015
- 2015SR and Autumn Statement 2015
- 2016Budget 2016
- 2016Autumn Statement 2016
- 2017Spring Budget 2017
- 2017Autumn Budget 2017
- 2018Spring Statement 2018
- 2018Budget 2018
- 2019Spring Statement 2019
- 2020Budget 2020
- 2020Spending Review 2020
- 2021Budget 2021
- 2021Autumn Budget and SR 2021
- 2022Spring Statement 2022
- 2022Growth Plan
- 2022Autumn Statement 2022
- 2023Spring Budget 2023
- 2023Autumn Statement 2023
- 2024Spring Budget 2024
- 2024Autumn Budget 2024
- 2025Spring Statement 2025
- 2025Budget 2025
- Emergency Budget2010-06-22 · George Osborne
- Economic and fiscal outlookDate not confirmed on GOV.UK · George Osborne
- Budget 20112011-03-23 · George Osborne
- Autumn Statement 20112011-11-29 · George Osborne
- Budget 20122012-03-21 · George Osborne
- Autumn Statement 20122012-12-05 · George Osborne
- Budget 20132013-03-20 · George Osborne
- Autumn Statement 20132013-12-05 · George Osborne
- Budget 20142014-03-19 · George Osborne
- Autumn Statement 20142014-12-03 · George Osborne
- Budget 20152015-03-18 · George Osborne
- Summer Budget 20152015-07-08 · George Osborne
- SR and Autumn Statement 20152015-11-25 · George Osborne
- Budget 20162016-03-16 · George Osborne
- Autumn Statement 20162016-11-23 · Philip Hammond
- Spring Budget 20172017-03-08 · Philip Hammond
- Autumn Budget 20172017-11-22 · Philip Hammond
- Spring Statement 20182018-03-13 · Philip Hammond
- Budget 20182018-10-29 · Philip Hammond
- Spring Statement 20192019-03-13 · Philip Hammond
- Budget 20202020-03-11 · Rishi Sunak
- Spending Review 20202020-11-25 · Rishi Sunak
- Budget 20212021-03-03 · Rishi Sunak
- Autumn Budget and SR 20212021-10-27 · Rishi Sunak
- Spring Statement 20222022-03-23 · Rishi Sunak
- Growth Plan2022-09-23 · Kwasi Kwarteng
- Autumn Statement 20222022-11-17 · Jeremy Hunt
- Spring Budget 20232023-03-15 · Jeremy Hunt
- Autumn Statement 20232023-11-22 · Jeremy Hunt
- Spring Budget 20242024-03-06 · Jeremy Hunt
- Autumn Budget 20242024-10-30 · Rachel Reeves
- Spring Statement 20252025-03-26 · Rachel Reeves
- Budget 20252025-11-26 · Rachel Reeves
This section covers events from Emergency Budget onwards, when the OBR began producing the official forecast. Earlier Treasury forecasts will be added later. A lighter marker is an OBR outlook with no Budget. Fiscal rules
OBR borrowing forecasts against what happened
OBR forecasts not loaded yet
The fiscal events are listed above. Forecast comparisons appear once the OBR files are loaded. See Data health.
Scorecard
Sorted by newest.
| Event | Date | Chancellor | Year ahead | Forecast £bn | Outturn £bn | Difference £bn | Main rule |
|---|---|---|---|---|---|---|---|
| Budget 2025 | 2025-11-26 | Rachel Reeves | 2026-27 | OBR data not loaded | Not yet due | OBR forecasts not loaded yet | Not assessed |
| Spring Statement 2025 | 2025-03-26 | Rachel Reeves | 2025-26 | OBR data not loaded | £134.2bn | OBR forecasts not loaded yet | Not assessed |
| Autumn Budget 2024 | 2024-10-30 | Rachel Reeves | 2025-26 | OBR data not loaded | £134.2bn | OBR forecasts not loaded yet | Not assessed |
| Spring Budget 2024 | 2024-03-06 | Jeremy Hunt | 2024-25 | OBR data not loaded | £149.8bn | OBR forecasts not loaded yet | Not assessed |
| Autumn Statement 2023 | 2023-11-22 | Jeremy Hunt | 2024-25 | OBR data not loaded | £149.8bn | OBR forecasts not loaded yet | Not assessed |
| Spring Budget 2023 | 2023-03-15 | Jeremy Hunt | 2023-24 | OBR data not loaded | £135.2bn | OBR forecasts not loaded yet | Not assessed |
| Autumn Statement 2022 | 2022-11-17 | Jeremy Hunt | 2023-24 | OBR data not loaded | £135.2bn | OBR forecasts not loaded yet | Not assessed |
| Growth Plan | 2022-09-23 | Kwasi Kwarteng | 2023-24 | No OBR forecast | Not assessed | ||
| Spring Statement 2022 | 2022-03-23 | Rishi Sunak | 2022-23 | OBR data not loaded | £123.8bn | OBR forecasts not loaded yet | Not assessed |
| Autumn Budget and SR 2021 | 2021-10-27 | Rishi Sunak | 2022-23 | OBR data not loaded | £123.8bn | OBR forecasts not loaded yet | Not assessed |
| Budget 2021 | 2021-03-03 | Rishi Sunak | 2021-22 | OBR data not loaded | £116.0bn | OBR forecasts not loaded yet | Not assessed |
| Spending Review 2020 | 2020-11-25 | Rishi Sunak | 2021-22 | OBR data not loaded | £116.0bn | OBR forecasts not loaded yet | Not assessed |
| Budget 2020 | 2020-03-11 | Rishi Sunak | 2020-21 | OBR data not loaded | £310.8bn | OBR forecasts not loaded yet | Not assessed |
| Spring Statement 2019 | 2019-03-13 | Philip Hammond | 2019-20 | OBR data not loaded | £58.8bn | OBR forecasts not loaded yet | Not assessed |
| Budget 2018 | 2018-10-29 | Philip Hammond | 2019-20 | OBR data not loaded | £58.8bn | OBR forecasts not loaded yet | Not assessed |
| Spring Statement 2018 | 2018-03-13 | Philip Hammond | 2018-19 | OBR data not loaded | £44.1bn | OBR forecasts not loaded yet | Not assessed |
| Autumn Budget 2017 | 2017-11-22 | Philip Hammond | 2018-19 | OBR data not loaded | £44.1bn | OBR forecasts not loaded yet | Not assessed |
| Spring Budget 2017 | 2017-03-08 | Philip Hammond | 2017-18 | OBR data not loaded | £61.4bn | OBR forecasts not loaded yet | Not assessed |
| Autumn Statement 2016 | 2016-11-23 | Philip Hammond | 2017-18 | OBR data not loaded | £61.4bn | OBR forecasts not loaded yet | Not assessed |
| Budget 2016 | 2016-03-16 | George Osborne | 2016-17 | OBR data not loaded | £57.1bn | OBR forecasts not loaded yet | Not assessed |
| SR and Autumn Statement 2015 | 2015-11-25 | George Osborne | 2016-17 | OBR data not loaded | £57.1bn | OBR forecasts not loaded yet | Not assessed |
| Summer Budget 2015 | 2015-07-08 | George Osborne | 2016-17 | OBR data not loaded | £57.1bn | OBR forecasts not loaded yet | Not assessed |
| Budget 2015 | 2015-03-18 | George Osborne | 2015-16 | OBR data not loaded | £80.1bn | OBR forecasts not loaded yet | Not assessed |
| Autumn Statement 2014 | 2014-12-03 | George Osborne | 2015-16 | OBR data not loaded | £80.1bn | OBR forecasts not loaded yet | Not assessed |
| Budget 2014 | 2014-03-19 | George Osborne | 2014-15 | OBR data not loaded | £98.1bn | OBR forecasts not loaded yet | Not assessed |
| Autumn Statement 2013 | 2013-12-05 | George Osborne | 2014-15 | OBR data not loaded | £98.1bn | OBR forecasts not loaded yet | Not assessed |
| Budget 2013 | 2013-03-20 | George Osborne | 2013-14 | OBR data not loaded | £102.4bn | OBR forecasts not loaded yet | Not assessed |
| Autumn Statement 2012 | 2012-12-05 | George Osborne | 2013-14 | OBR data not loaded | £102.4bn | OBR forecasts not loaded yet | Not assessed |
| Budget 2012 | 2012-03-21 | George Osborne | 2012-13 | OBR data not loaded | £123.6bn | OBR forecasts not loaded yet | Not assessed |
| Autumn Statement 2011 | 2011-11-29 | George Osborne | 2012-13 | OBR data not loaded | £123.6bn | OBR forecasts not loaded yet | Not assessed |
| Budget 2011 | 2011-03-23 | George Osborne | 2011-12 | OBR data not loaded | £122.1bn | OBR forecasts not loaded yet | Not assessed |
| Economic and fiscal outlook | Not confirmed | George Osborne | 2011-12 | OBR data not loaded | £122.1bn | OBR forecasts not loaded yet | Not assessed |
| Emergency Budget | 2010-06-22 | George Osborne | 2011-12 | OBR data not loaded | £122.1bn | OBR forecasts not loaded yet | Not assessed |
Replaced rules are not counted as met or missed. Events with no OBR forecast and years that have not ended are left out of the median.
How to read these comparisons
- Outturn figures are revised by the ONS for years after the event. Each difference uses the ONS release shown in Sources, and is updated when the ONS revises.
- Changes to how things are classified, such as the treatment of student loans or the Bank of England's schemes, can move borrowing and debt without any change in policy. These are marked "Basis changed".
- Each forecast assumes the policies in place at the time. Later policy changes are one reason outturns differ.
- Large shocks, such as the pandemic and the energy price rise, account for many of the biggest differences. A forecast difference is not a broken promise.