Skip to main content

Is the OBR too gloomy about Brexit?

The Office for Budget Responsibility’s economic forecasts garnered more attention than usual after last week’s Autumn Statement, and have been criticised by some for being too gloomy on Brexit. On the face of it, this criticism seems unwarranted, given that the forecasts are much stronger than the dire post-referendum predictions made by some, as well as the current consensus expectation and the Bank of England’s forecast. Nonetheless, there are some reasons to still be more optimistic than the OBR.

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


Get access