Budget 2017: Stagnant earnings forecast 'astonishing'

Budget 2017: Stagnant earnings forecast 'astonishing'
 

It is "astonishing" that by 2022 average UK earnings could still be less than in 2008, according to an independent economic think tank.
Paul Johnson, director of the Institute for Fiscal Studies, made the observation in his review of the 2017 Budget and official economic forecasts.
The forecasts for productivity, earnings and economic growth made for "pretty grim reading", he said.
He highlighted that since 2014 growth in earnings has been "choked off".
Reacting to the forecasts from the Office for Budget Responsibility, which were released on Wednesday, Mr... read more

 
23 November 2017 in Regional, Views: 44
Source: BBC
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