David Prosser: Another blow for the Chancellor and Plan A
Friday 11 November 2011
Outlook The European Commission's revised forecasts for economic growth, published yesterday, are for the entire bloc, not just the beleaguered eurozone. They make grim reading for Britain.
Certainly, the Office for Budgetary Responsibility will have to downgrade its forecasts when the Chancellor makes his autumn statement in a little over two weeks' time. And it is not just growth that will be lowered: so too will be the OBR's forecasts for the progress Britain can make on cutting debt. It now seems likely the OBR will suggest there is more chance than not of Mr Osborne missing his target of eliminating the budget deficit during this parliamentary term.
If so, you can expect yet more vocal criticism for the Chancellor from the growing number of people who believe sticking to Plan A is becoming more of a mistake by the day.
- 1 Home Office says Nigerian asylum-seeker can’t be a lesbian as she’s got children
- 2 What happens to your body when you give up sugar?
- 3 Drugs Live cannabis trial: Hash is less harmful than any other drug, expert claims
- 4 Turkish Airlines flight TK 726 crash-lands on Nepal runway amid dense fog
- 5 Apple and Google users being spied on for a decade because of 'Freak' security flaw
The City of the Monkey God: Archaeologists claim to have found city lost for 1,000 years in remote Honduran jungle
Turkish Airlines flight TK 726 crash-lands on Nepal runway amid dense fog
Japanese island overrun with cats after population explodes
London property boom built on dirty money
Becky Watts: Stepbrother and his girlfriend named locally as two arrested on suspicion of murder
Durham Free School: 'Creationism taught at' free school facing closure
Nearly 100,000 of Britain's poorest children go hungry after parents' benefits are cut
Ukip would cut billions from Scottish budget to fund English tax cuts
End of the licence fee: BBC to back radical overhaul of how it is funded
Ukraine crisis: Top Chinese diplomat backs Putin and says West should 'abandon zero-sum mentality'
Boris Nemtsov shot dead: Outspoken Putin critic who had expressed fears for his life is killed near the Kremlin
iJobs Money & Business
£25000 - £30000 per annum + benefits: Ashdown Group: A global leader operating...
Voluntary post, reasonable expenses reimbursed: Reach Volunteering: Would you ...
£36,000 - £40,000: Christine McCleave: Are you looking for a new opportunity a...
£15000 - £18000 per annum: Recruitment Genius: This is a great opportunity for...