How the government's 2012 growth forecasts have slumped disastrously

George Osborne has revealed in the Autumn Statement that the OBR now believes that growth in 2012 will be -0.1% (that’s a minus). In Osborne’s first budget the prediction for 2012 growth was 2.8%.

David Cameron said “The good news will keep coming”. Well…

A breathing space Budget

When John Healey was appointed as Chancellor of the Exchequer, it was a surprise for those who had…

Emma Burnell

29th October, 2026, 9:13 am

News

Voters welcome Budget energy measures, but demand more action on cost of living

Voters welcome the government’s energy bill support, but think more needs to be done at pace to help…

Daniel Green

29th October, 2026, 6:00 am

Comment

‘Investing in culture builds confidence in communities’

When it comes to building communities, culture is not a nice-to-have, or an optional extra to be tacked…

Callum Anderson MP, Chris Curtis MP & Emily Darlington MP

29th October, 2026, 6:00 am

How the government’s 2012 growth forecasts have slumped disastrously

More from LabourList

A breathing space Budget

Voters welcome Budget energy measures, but demand more action on cost of living

‘Investing in culture builds confidence in communities’