OBR downgrades UK growth forecast to -0.1% for 2012

clock

The Office for Budget Responsibility has downgraded its outlook for the UK economy.

The OBR revised down the growth forecasts for the UK economy it made in March from 0.8% to -0.1% for 2012, from 2% to 1.2% for 2013, and from 2.7% to 2% for 2014. It expects to see growth of 2.3...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Industry welcomes 'clarity' and 'certainty' following updated pensions roadmap

Industry welcomes 'clarity' and 'certainty' following updated pensions roadmap

The industry responds to the government’s updated pensions roadmap

Martin Richmond
clock 13 July 2026 • 9 min read
DWP lays out timetable for implementation of pension reforms

DWP lays out timetable for implementation of pension reforms

Timetable published with the updated pensions roadmap

Martin Richmond
clock 13 July 2026 • 5 min read
DWP publishes consultation on VfM framework

DWP publishes consultation on VfM framework

Framework sets out the plan to shift the focus from cost to overall value

Holly Roach
clock 13 July 2026 • 4 min read
Trustpilot