Today news
About the same in other media
OBR: Fiscally 'responsible' Spring Budget still carries 'significant risks'
Reading now: 253
investmentweek.co.ukRichard Hughes, chair of the OBR, told the Treasury Committee at a hearing today (12 March) that Jeremy Hunt's Budget was responsible, given that it met the objectives the chancellor had set for himself, namely to have debt beginning to fall as a share of GDP in five years' time. However, Hughes argued Hunt has done so with «one of the narrowest margins any chancellor has had against fiscal targets» at £9bn. The OBR chair noted this was the second narrowest, as the top spot was taken by Hunt's Spring Budget in 2023. As such, he said there are «significant risks to the fiscal outlooks»...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
First day of spring 2024: All you need to know about spring equinoxes economictimes.indiatimes.com /9 months ago
Democratic Senators Urge SEC Chair Gensler Against Crypto ETF Approvals, Cite “Significant” Risks cryptonews.com /9 months ago
Mars responsible for giant whirlpools in Earth's oceans? Know it all here economictimes.indiatimes.com /9 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
