OBR productivity forecast may add £20bn to Budget hole
Source: BBC
The chancellor is facing a larger-than-expected gap in initial Budget numbers as a result of long-running poor productivity in the UK economy.The downgrade to productivity performance from the government's official forecaster could lead to a £20bn gap in the public finances on its own, the BBC understands.The Office for Budget Responsibility (OBR) will deliver its final draft forecast, showing the output of the…
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