News: Challenging times ahead as OBR cuts short-term growth forecasts, housing targets fall short, and Local Authority finances strained
A less than enthusiastic response from the Office for Budget Responsibility (OBR) following the Spring Statement by the Chancellor of the Exchequer. Economic growth forecasts have been cut from 2% to 1% for 2025 and by the end of the parliament, fiscal headroom will stand at £10 billion, which in the words of the OBR […]