How the government’s 2012 growth forecasts have slumped disastrously

5th December, 2012 12:48 pm

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…

Value our free and unique service?

LabourList has more readers than ever before - but we need your support. Our dedicated coverage of Labour's policies and personalities, internal debates, selections and elections relies on donations from our readers.

If you can support LabourList’s unique and free service then please click here.

To report anything from the comment section, please e-mail [email protected]

LabourList Daily Email

Everything Labour. Every weekday morning

Share with your friends