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…

More from LabourList

Become a Friend

Support independent Labour journalism – for just £4.99 a month!

If you value what we do, become a Friend of LabourList today.