Long Term Economic GraphOBR Forecast 0.2% Surplus in 2018/19

The deficit will be 6.6% this year and 5.5% next year. That’s £108 billion this year, then £95 billion and £75 billion over the next two years. The OBR now forecasts a small surplus of 0.2% in 2018/19. Guido thinks these revised numbers will yet again be revised, but they’re strong enough to dangle in front of the voters in 2015.


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Quote of the Day

Ken Livingstone deployed a corker on TalkRadio this afternoon…
“I joined the Labour Party 50 years ago this month and in all that time I have never heard a single anti-semitic comment.”

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