{"id":86750,"date":"2025-10-16T08:17:48","date_gmt":"2025-10-16T07:17:48","guid":{"rendered":"https:\/\/www.taxresearch.org.uk\/Blog\/?p=86750"},"modified":"2025-10-16T08:17:48","modified_gmt":"2025-10-16T07:17:48","slug":"not-on-the-budget-bingo-card","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2025\/10\/16\/not-on-the-budget-bingo-card\/","title":{"rendered":"Not on the Budget bingo card"},"content":{"rendered":"<p>As the <a href=\"https:\/\/www.ons.gov.uk\/economy\/grossdomesticproductgdp\/bulletins\/gdpmonthlyestimateuk\/august2025\" target=\"_blank\" rel=\"noopener\">ONS<\/a> has reported this morning:<\/p>\n<blockquote><p>Real gross domestic product (GDP) grew by 0.3% in the three months to August 2025 compared with the three months to May 2025, a slight increase following growth of 0.2% in the three months to July 2025.<\/p><\/blockquote>\n<p>If your reaction is \"whoopee\" and \"what's the margin for error, because that is as close to zero as things get without actually being it\" then I think you will have got your sentiments right.<\/p>\n<p>Meanwhile, <a href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2025\/10\/16\/we-could-have-avoided-a-crash\/\" target=\"_blank\" rel=\"noopener\">we're heading for a crash<\/a>, but Rachel Reeves won't be mentioning that today \u2014or at any other time in the run-up to her Budget, if it hasn't happened by then. Facing reality is not something on her Budget bingo card.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As the ONS has reported this morning: Real gross domestic product (GDP) grew by 0.3% in the three months to August 2025 compared with the<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2025\/10\/16\/not-on-the-budget-bingo-card\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"class_list":["post-86750","post","type-post","status-publish","format-standard","hentry","category-economics"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/86750","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=86750"}],"version-history":[{"count":1,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/86750\/revisions"}],"predecessor-version":[{"id":86751,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/86750\/revisions\/86751"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=86750"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=86750"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=86750"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}