Jeremy Hunt’s debt reduction plan ‘a very big fiscal risk’, says OBR - short news
Treasury’s independent forecaster says uncertain spending plans and higher than expected inflation could scupper cuts
Government plans to reduce the UK’s debt mountain by restricting Whitehall spending are among the biggest risks to the outlook for the public finances, according to the Treasury’s independent forecaster.
The Office for Budget Responsibility (OBR), which predicts the impact of economic trends and government spending decisions on the public finances, said the..
source: The Guardian - 28.11.2023