UK | Investment

Monthly Review - March 2019

UK Economic Briefing - March 2019

The Chancellor, Phillip Hammond presented the Spring Statement on 13 March. This was largely expected to be a low key event in the midst of three key parliamentary votes on Brexit.
  • The Office of Budget Responsibility (OBR) downgraded growth for 2019, with GDP growth now expected at 1.2% down from October’s forecast of 1.6%.
  • The expected near term weakness in activity is largely due to a decline in business investment for a second successive
    year and poor performance in net trade.
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Stephanie McMahon

Stephanie McMahon
Head of UK Research
+44 (0) 20 7338 4002


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