Budget 2017: At a glance
The state of the economy
The Office for Budget Responsibility (OBR) has raised its economic growth forecasts for this year, expecting the UK economy to grow 2% rather than 1.4%.
In 2018 growth is forecast to slow to 1.6%, then in subsequent years 1.7%, 1.9%, and back to 2% in 2021.
Inflation is forecast to hit 2.4% this year, falling to 2.3% in 2018 and 2% in 2019.
Unemployment at 11 year low.
<... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
Sectors
- People: Private equity firm appoints ex-RBS director as COO; LSH diversifies valuation team with trading valuer appointment; and more
- People: Private equity firm appoints portfolio director; Senior hire for software testing firm; and more
- People: New partners boost law firm’s corporate team; Headlam Group COO steps down; and more
Comments
If you'd like to leave a comment, please register now for free or login