Using official forecasts from the Office for Budget Responsibility, the authors of the research, economists Jo Michell and Rob Calvert Jump, conclude that small changes in forecasts for future interest rates and growth, and what is counted as government debt, dramatically alter the size of the apparent “hole”. www.bbc.co.uk
Using official forecasts from the Office for Budget Responsibility, the authors of the research, economists Jo Michell and Rob Calvert Jump, conclude that small changes in forecasts for future interest rates and growth, and what is counted as government debt, dramatically alter the size of the apparent “hole”.
www.bbc.co.uk