22 March 2023
On 15th March 2023, the Office for Budget Responsibility (OBR) issued a new Economic & Fiscal Outlook (EFO) report, which formed the basis of the Spring Budget, issued the same day.
Latest forecasts from OBR suggest that the UK is now exiting a phase of exceptional inflation, which is welcome news, although the recovery will be slow and painful.
Inflation outlook easing
Inflation out...