The Osborne Effect: OECD slash growth projection

Today the OECD slashed growth projections for next year. Just six months ago they were predicting 1.8% growth in 2012 – now that’s slumped to just 0.6%. Clearly they don’t think Osborne’s plan is working either.

They’ve also predicted that unemployment will continue to rise for at least another two years…

More from LabourList

DONATE HERE

We provide our content free, but providing daily Labour news, comment and analysis costs money. Small monthly donations from readers like you keep us going. To those already donating: thank you.

If you can afford it, can you join our supporters giving £10 a month?

And if you’re not already reading the best daily round-up of Labour news, analysis and comment…

SUBSCRIBE TO OUR DAILY EMAIL