45 staff to run spreadsheets with no dynamic scoring!
Over the years I’ve written a fair bit here about the idea of some sort of independent fiscal analysis body (most recent post here, with links to earlier ones). There are ever-increasing numbers of such agencies around the world, partly because the EU says each of its member countries has to have one. As I’ve argued here, I think there is a reasonable case for some sort of such body here – small and focused on all macro policy rather than just fiscal policy – but I’ve become increasingly sceptical of the sort of direction the current government has chosen to take. They seem to be looking at something that serves mostly as free research for MPs costing policies, perhaps most closely resembling the Australian Parliamentary Budget Office set up a couple of election cycles ago.
The Treasury yesterday held an excellent guest lecture on the issue…
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Utopia, you are standing in it! 
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