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About the Team
Fiscal Statistics and Policy (FSP) is a team of analysts and policy professionals, that plays a key role at the centre of the Treasury’s policymaking! We closely monitor the public finances, jointly producing the monthly Public Sector Finances (PSF) statistical release with the Office for National Statistics (ONS). The team produces risk, forecasting and scenario analysis on the fiscal position, identifying issues and providing analysis on the Office for Budget Responsibility’s (OBR) forecasts as necessary.
We provide advice to the Chancellor on the fiscal framework and, work very closely with other Treasury central fiscal teams, on the fiscal policy judgement at each fiscal event. The team has a key representational role on UK fiscal policy, promoting and defending it to external collaborators including the International Monetary Fund (IMF), Organisation for Economic Co-operation and Development (OECD) and Credit Rating Agencies. FSP is also the departmental sponsor of the relationship with the OBR. Acting both as its primary customer and relationship manager, and also fulfilling governance roles inc...