UK's Chancellor Hunt: OBR judges the UK is in a recession

UK's Chancellor Hunt: OBR judges the UK is in a recession

UK'S CHANCELLOR HUNT: OBR JUDGES THE UK ARE IN A RECESSION.
— Breaking Market News (@financialjuice) November 17, 2022

Added at 6:49am

UK's Chancellor Hunt:
-We have not raised headline rates of taxation
-Any windfall tax should be temporary and not deter investment
— DailyFX Team Live (@DailyFXTeam) November 17, 2022

Added at 6:51am

UK'S CHANCELLOR HUNT: OBR SEES GDP GROWTH OF +1.3% IN 2024.
— Breaking Market News (@financialjuice) November 17, 2022

Added at 6:51am

UK'S CHANCELLOR HUNT: OBR SEES GDP GROWTH OF +2.6% IN 2025.
— Breaking Market News (@financialjuice) November 17, 2022

Copy of full OBR report and revised projections arising from Autumn Statement HERE:
https://obr.uk/docs/dlm_uploads/CCS0...2_BOOKMARK.pdf
Not good.

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