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UK's OBR outlook leaked: Real GDP is forecast to grow by 1.5% on average over the forecast, 0.3% slower than March projection
UK'S OFFICE FOR BUDGET RESPONSIBILITY OUTLOOK:
— First Squawk (@FirstSquawk) November 26, 2025
REAL GDP IS FORECAST TO GROW BY 1.5 PER CENT ON AVERAGE OVER THE FORECAST, 0.3 PERCENTAGEPOINTS SLOWER THAN WE PROJECTED IN MARCH, DUE TO LOWER UNDERLYING PRODUCTIVITY GROWTH
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UK OBR ECONOMIC AND FISCAL OUTLOOK: CURRENT BUDGET SURPLUS MARGIN 21.7 BLN STG IN 2029-30 VS 9.9 BLN STG IN MARCH
— First Squawk (@FirstSquawk) November 26, 2025
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OMG has the OBR document just leaked?
— Ed Conway (@EdConwaySky) November 26, 2025
Reuters reporting details from inside the Budget NOW.
Blimey. pic.twitter.com/nYv1CuXcca
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Economic and fiscal outlook
This Economic and fiscal outlook (EFO) sets out our central forecast and the uncertainties that surround it for the five years to 2030-31, taking account of recent data and government policies announced since our last forecast and up to and including the November 2025 Autumn Budget. The forecasts presented in this document represent our collective view as the three independent members of the OBR’s Budget Responsibility Committee (BRC). We take full responsibility for the judgements that underpin them and for the conclusions we have reached. As always, we have been greatly supported in our work by the staff of the ... (full story)
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