Britons should be braced for years of high inflation as the cost of living soars stubbornly ahead of wages, a leading economic forecaster warned today.

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£8bn hole in public finances to embarrass Osborne

Low tax receipts blamed as forecasts made in December fall badly short in Budget week

Think-tank calls for new strategy to fire up the economy

The Government should give the Bank of England and its incoming Governor Mark Carney a radical new mandate to get the UK economy moving again, a respected think-tank will argue today.

… and subdued investment finishes them

Investment by British companies will not recover to its pre-crisis levels until 2015, ensuring several more years of weak growth, according to a respected economic forecaster.

Company investment levels will take years to recover

Investment by British companies will not recover to its pre-crisis levels until 2015, ensuring several more years of weak growth, according to a respected economic forecaster.

'Indian summer' may aid economy woe

The economy failed to grow in the second quarter of 2012 but will enjoy an “Indian summer” as falling inflation helps hard-pressed households, according to a respected forecaster.

UK growth to stay sluggish 'for rest of year'

The British economy is set to stall for the rest of the year as nervous businesses remain reluctant to invest in recovery, an influential economic forecaster will warn today.

UK economy 'will remain grounded until year end'

The British economy is set to stall for the rest of the year as nervous businesses remain reluctant to invest in recovery, an influential economic forecaster warned today.

George Osborne 'confident' on economic outlook

Chancellor George Osborne insisted today the Government was doing everything possible to "weather the storm" as economic forecasters warned the UK is likely to be already in recession.

UK 'already suffering a double-dip recession'

Britain is already in the grip of a double-dip recession and the economy will not pick up until 2013. Those were the stark conclusions of major reports out today from two of the country's most respected forecasters.

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