Heather Stewart
@guardianheather.bsky.social
Economics editor at the Guardian. Former political editor, former Observer economics editor. Londoner, Mum.
[email protected]
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The OBR is also assuming there will be a deferral scheme of some kind too, though no details yet:
November 27, 2025 at 10:28 AM
The OBR is also assuming there will be a deferral scheme of some kind too, though no details yet:
Reposted by Heather Stewart
Emigration, at around 700,000 people a year, is now the highest since 2012. Which is what you should expect five years after a surge in inward migration.
November 27, 2025 at 9:59 AM
Emigration, at around 700,000 people a year, is now the highest since 2012. Which is what you should expect five years after a surge in inward migration.
Reposted by Heather Stewart
After all the fuss, the hit from the OBR forecast was £5.5bn - Chancellor would still be meeting her fiscal rules if it were just for that. Productivity downgrade offset by higher wages and inflation, as we anticipated.
November 26, 2025 at 12:53 PM
After all the fuss, the hit from the OBR forecast was £5.5bn - Chancellor would still be meeting her fiscal rules if it were just for that. Productivity downgrade offset by higher wages and inflation, as we anticipated.