Hints and tips:
...And I thank Robert Chote and his team for their work. It forecasts more jobs. Rising real wages. Declining inflation. A falling deficit. And a shrinking debt....
...Because privatisations of Lloyds bank shares were pulled and the economy is smaller, he has now broken his debt rule to have debt falling every year as a share of national income....
...Robert Chote, chairman of the OBR, has said that the overall size of the economy - nominal GDP - is a more important indicator for the public finances than the headline growth rate....
...These range from “an earth-directed solar storm” to terrorists planting a bomb outside Lloyd’s....
...By concentrating asset sales of mortgages formerly held by Northern Rock and Lloyds shares in 2015-16, he has been able to cut debt that year and made it fall below 2014-15 as a share of national income,...
...“We demonstrated with our recent disposal of the Lloyds shares that, where we’ve got resource available, we’ve got to make sure we are doing what we can to reduce our deficit and debt,” he added....
...Lloyds bank has returned to profit and is paying a dividend – so we can continue our exit from that bailout too. We will sell at least a further £9 billion of Lloyds shares in the coming year....
...“If the Scottish economy performs really poorly, it will be much more difficult for people to contemplate saying Yes to independence,” notes Donald MacRae, chief economist at Lloyds TSB Scotland....
...Still, Mr Chote says tax revenues may remain on target because of high inflation, which is a silver lining of sorts....
...With Lloyds Banking Group shares at half their price at the time of part-nationalisation, the sell-off of the government’s stakes in the banks looks as far away as ever*....
...Robert Chote, head of the OBR, will still need to make numerous changes....
...And £250m from extending the freeze on working tax credits to every element. 13.23 Early reaction to the chancellor’s speech from Adam Chester at Lloyds Corporate Markets....
...o: Robert Chote, Director, The Institute for Fiscal Studies Dear Robert, EDITOR’S CHOICE Chote approved as head of budget watchdog – Sep-17 Chancellor picks Chote to head fiscal body – Sep-09 More from...
...on bonuses - Compass suppliers attack rebate system - OBR upgrades forecasts for British economy - Tax protest shuts down flagship Topshop store - Paul Johnson to replace Robert Chote...
...Robert Chote of the Institute for Fiscal Studies said the move “seems sensible in terms of the way [officials] set themselves targets under the Fiscal Responsibility Act not to make the task of halving the...
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