....The chancellor, Philip Hammond, revised the government’s pledge to bring down the deficit in his autumn statement last year when he set a target for a balanced budget by the middle of the next decade, rather than his predecessor’s forecast of 2020. The Office for Budget Responsibility
, the Treasury’s independent forecaster, expects public sector net borrowing to increase this year and then resume its downward path. ...
[Read full article on Guardian
Wednesday 21st of June 2017 10:49:47 AM