The OBR’s argument that the Government’s cuts have not been primarily responsible for the economy’s disappointing performance might give Mr Osborne ammunition to press on with Plan A. But even if the fiscal squeeze is not to blame for the economy’s unanticipated weakness, the Chancellor should not necessarily stand idly by.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services