Category : Search result: OBR growth forecast


Productivity Downgrade Adds £20bn to Budget Deficit

OBR's productivity forecast downgrade creates £20bn fiscal black hole, forcing Chancellor Rachel Reeves to consider significant tax rises ahead of November Budget. Analysis by former Bank of England chief economist Andy Haldane.

TUC demands OBR overhaul ahead of budget

The TUC warns Britain's budget watchdog is hardwired for austerity and strangling growth. Read why a major review is demanded before the autumn budget.

UK growth forecast cut as investment plummets

The EY Item Club warns Britain's economic growth prospects are dimming as business investment retreats following tax rises and policy changes, creating a perfect storm for the UK economy.

Met Office: 6-Week Weather Rollercoaster for UK

The Met Office reveals a major weather pattern change coming to Britain, with a surprising temperature rollercoaster set to last through early summer. Discover what this means for your plans.

Reeves: UK Economy Defying Gloomy Forecasts

Chancellor Rachel Reeves challenges pessimistic forecasts, revealing stronger-than-expected economic data and outlining Labour's growth strategy for Britain's future.

UK productivity downgrade sparks tax rise fears

Britain faces a stark economic reckoning as official forecasts slash productivity growth, triggering speculation about imminent tax rises while major corporations voice concerns over investment climate.

UK economy stagnates with zero growth in April

Britain's economic growth flatlined at 0.0% in April, missing analyst forecasts and raising concerns about the strength of the recovery. Services and production sectors showed modest gains while construction output fell significantly.

No Brexit assessment in Reeves' budget

Chancellor Rachel Reeves reveals the Autumn Budget won't include formal Brexit economic analysis, citing OBR forecasting constraints and prioritising immediate economic challenges.

UK Weather: -2C Arctic Blast Incoming This Week

New weather maps reveal a dramatic temperature plunge hitting Britain this week, with sub-zero conditions threatening travel disruption and the coldest night of autumn so far.

Farmers' Almanac predicts snowy Thanksgiving, harsh winter

The iconic Farmers' Almanac forecasts a winter of extremes with significant snowfall predicted for Thanksgiving across many regions. Discover their long-range weather predictions and what Britons should expect from the coming cold season.

UK Economy Stagnates with Zero Growth in April

Britain's economy showed no growth in April 2024, with wet weather dampening retail sales and construction output. Get the full analysis of the UK's economic standstill.

Met Office Reveals Exact Date UK Heatwave Begins

Britain's weather misery is about to end as the Met Office confirms the precise date temperatures will soar, bringing proper summer heat after weeks of disappointing conditions.

UK unemployment falls as wages outpace inflation

Exclusive analysis reveals Britain's stunning economic recovery with unemployment hitting near-record lows and wages soaring above inflation, positioning the UK as a G7 growth leader.

IMF Slashes UK Growth Forecast in Blow to Starmer

The International Monetary Fund's stark growth downgrade exposes the economic challenges awaiting Labour's new government, with inflation concerns and fiscal constraints threatening Keir Starmer's ambitions.

White Christmas Warning: Snow and Ice to Hit UK

The Met Office issues severe weather warnings as snow and ice threaten to disrupt Christmas travel plans across the UK, with temperatures plummeting to -12°C in some regions.

Polar Vortex Weakening: UK Faces Colder Winter

Meteorologists warn of a potentially severe British winter ahead as the Polar Vortex shows signs of weakening, threatening plunging temperatures and increased snowfall from December through February.

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