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20/03/2018

UK | Investment

Monthly Review - March 2018

UK Economic Briefing - March 2018

There was not much in the way of policy in the Spring Statement, but the Chancellor did present an update on the outlook of the UK economy using forecasts from the Office of Budget Responsibility (OBR).
  • There was not much in the way of policy in the Spring Statement, but the Chancellor did present an update on the outlook of the UK economy using forecasts from the Office of Budget Responsibility (OBR).
  • The OBR revised up growth for 2018 by 0.1ppt to 1.5% in line with BNP Paribas, but kept its forecast for 2019 unchanged at 1.3%.
  • The OBR also included in this forecast an assessment of Brexit and its effect on the public finances.
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