The Office for Budget Responsibility is supposed to be the calm, quiet body that keeps watch over Britain’s public finances. But after it accidentally released its Budget analysis before Chancellor Rachel Reeves delivered her statement, its chair Richard Hughes resigned and the watchdog suddenly became the lead story. Today on The Bunker, Seth Thévoz is joined by economist and former Treasury adviser Giles Wilkes to ask: what exactly is the OBR, and why does this low-profile institution hold so much power over the UK economy?

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Written and presented by Seth Thévoz. Producer: Liam Tait. Audio producer: Robin Leeburn. Managing editor: Jacob Jarvis. Design by James Parrett. Music by Kenny Dickinson. Group Editor: Andrew Harrison. THE BUNKER is a Podmasters Production.

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