Meanwhile, UK inflation is now expected to average 3.2% this year, according to the OBR. It represents a significant increase against the OBR’s previous forecast of 2.6%. Earlier on Wednesday ...

The Office for Budget Responsibility has cut the UK's growth and productivity projections for this year while hiking inflation and debt projections. The developments presented the Chancellor of the ...

UK economic growth forecasts have been slashed in half for this year as inflation increases more sharply, according to the fiscal watchdog. The Office for Budget Responsibility (OBR) said on ...

The Office for Budget Responsibility has cut the UK’s growth and productivity projections for this year while hiking inflation and debt projections ... to 2029 was revised down from 6.0% to 5.2%. The ...

UK economic growth forecasts have been slashed in half for this year as inflation increases more sharply, according to the fiscal watchdog. The Office for Budget Responsibility (OBR) said on Wednesday ...

Meanwhile, UK inflation is now expected to average 3.2% this year, according to the OBR. It represents a significant increase against the OBR’s previous forecast of 2.6%. Earlier on Wednesday, the ...