The OBR makes clear who it thinks the winners and losers from their modest growth forecasts for the next few years will be in their
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Office for Budget Responsibility says let the market set interest rates – because we won’t forecast them
The Office for Budget Responsibility’s catalogue of forecasting fun includes a host of goodies. For example, take this one on interest rates: We have assumed
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The Office for Budget Responsibility: a catalogue of blunders
The Office for Budget Responsibility — George Osborne’s excuse for cuts — has presented its first report in advance of net week’s budget. I’m not
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Why is this a waste of money Mr Cameron?
As the Guardian has reported: Britain will experience a "terrible, terrible waste of money" in the next five years as interest on the nation’s
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The deficit hawks need their talons clipped
As my Green New Deal colleague Larry Elliott says in the Guardian this morning: As things [now] stand, a second Great Depression has been averted,
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VATman and Robin
According to Brendan Barber of the TUC: Increasing VAT in the budget will hit the poor more than the rich, have more impact on small
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In praise of Jersey
I mean that. We had Jersey Royals for supper tonight — as my wife told me after I’d praised them! So I thought I should
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‘Debt is good’ message may be luring young people to disaster
As the Independent reports: Banks are teaching teenagers to accept debt but not what to do when things get out of control. And I’m
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If we don’t tighten our belts enough, won’t our debts run out of control?
From the Guardian: People tend to think that the government debt is like a household debt and needs to be managed very tightly. But as
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