Robert Chote, head of the OBR, suggests that the Chancellor will miss his 1.7 per cent growth target
Lower borrowing costs are a reflection of economic weakness, not strength.
Many forecasters now expect growth to be just 1.3 per cent in 2011, down from the original OBR forec
Tax cuts and further QE will be needed if growth remains weak, says the IMF.
Cutting taxes could cause at least as many problems as it solves for the Chancellor.
The Chancellor hails "positive news" but he's missed his growth target again.
Osborne will have to defend a failing economic strategy and his meetings with Murdoch executives.
New growth figures are expected to show that the economy has ground to a halt.
Rebekah Brooks confirms that it was George Osborne's idea to hire Andy Coulson.