A man for all seasons: what the chancellor can expect in the OBR's spring outlook

Document type
Statistics
Author(s)
Whittaker, Matthew
Publisher
Resolution Foundation
Date of publication
8 March 2018
Subject(s)
Poverty Alleviation Welfare Benefits and Financial Inclusion, Employment, Housing and Homelessness
Collection
Social welfare
Material type
Reports

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This presentation provides a detailed view of the Spring Budget statement 2018.  It reveals productivity growth predictions for the years ahead, according to the Office for Budget Responsibility.

Increased headroom on the public finances provides more space for some fiscal loosening in the near-term. But, easing pressures on public finances and working-age welfare over the longer-term would likely need to come alongside an increase in revenues. This is especially relevant given the fiscal pressures associated with an ageing population.

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