As expected, the Spring Statement announced modest cuts to planned public spending to stay within the fiscal rules.
Even after these changes, the fiscal position remains vulnerable. The OBR has taken a relatively optimistic view on the extent…
As expected, the Spring Statement announced modest cuts to planned public spending to stay within the fiscal rules.
Even after these changes, the fiscal position remains vulnerable. The OBR has taken a relatively optimistic view on the extent…
What else can they do?
The UK is in a low-growth rut, with real GDP per head last year little changed from five years ago.
A successful and durable strategy for lifting growth must focus on supply-side policies, i.e. those that lift potential growth.
…
What else can they do?
The UK is in a low-growth rut, with real GDP per head last year little changed from five years ago.
A successful and durable strategy for lifting growth must focus on supply-side policies, i.e. those that lift potential growth.
…
The Budget includes sizeable increases versus the March Budget plans for current and capital spending, large tax hikes, and new fiscal rules. Fiscal policy in coming years will tighten significantly, but by less than implied in the March Budget plans.
The Budget includes sizeable increases versus the March Budget plans for current and capital spending, large tax hikes, and new fiscal rules. Fiscal policy in coming years will tighten significantly, but by less than implied in the March Budget plans.
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...