Image:
Chancellor Philip Hammond delivers the Autumn Budget 2017
The Office for Budget Responsibility (OBR) has reduced the UK's GDP growth forecasts for 2017-18 by 0.5% in today's Autumn Budget, as productivity growth continues to disappoint.
In the second and final Budget of 2017, Hammond revealed economic growth in 2017 is expected to reach 1.5.%, lower than the previous forecasts in March of 2%. The OBR's forecast for 2018 has dropped...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date
