"The OBR’s relatively optimistic assertion seems hard to square”
Business quote of the day.
“While nobody would deny that estimating an economy’s potential growth rate is more an art than a science, the OBR’s relatively optimistic assertion seems hard to square”
Analysts at Charles Stanley predict that the chancellor will announce a downgrade in UK GDP in tomorrow’s Autumn Statement, based on the Office for Budget Responsibility’s latest report. The OBR will publish its forecast alongside George Osborne’s Statement tomorrow, and warn that the chancellor is failing to meet his fiscal targets.