Reeves vows to 'defy' gloomy economic forecasts
Source: BBC
The chancellor has vowed to "defy" gloomy forecasts for the UK economy after it emerged the government is facing a bigger-than-expected hole in the public finances.The BBC understands the official forecaster, the Office for Budget Responsibility (OBR), is set to downgrade the UK's productivity performance - a measure of the output of the economy per hour worked.The change to the key measure could lead to the…
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