Autumn Statement: Feeling the pain of the forecasters

Autumn Statement: Feeling the pain of the forecasters
 

You have to feel the Office for Budget Responsibility's pain.
By next Tuesday, the OBR has to come up with forecasts of what will happen to the UK economy and the government finances over the next five years.
The Act of Parliament that created the OBR said that its forecasts had to be based on government policies and "may not consider what the effect of any alternative policies would be".
And here you see the problem facing the OBR in predicting what would happen to the economy and the public finances over the next five years.
Government policy is to trigger Article 50 in March... read more

 
17 November 2016 in Business, Views: 77
Source: BBC
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