Revision of major indicator would blow £20bn black hole in Chancellor’s headroom
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Revision of major indicator would blow £20bn black hole in Chancellor’s headroom
Revision of major indicator would blow £20bn black hole in Chancellor’s headroom
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Expected productivity downgrade to leave Britons facing additional tax rises of at least £8bn

The OBR is understood to have downgraded the UK's productivity level in early Budget forecasts

Exclusive: Budget watchdog is set to downgrade a key economic performance indicator for the UK in a move that could drive tax…

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Rachel Reeves may have to find up to £30bn in tax rises or spending cuts if forecaster revisits expectations

Allan Monks, UK economist at JPMorgan, told the Financial Times that even shaving 0.1 or 0.2 per cent from productivity would…