Arab Today, arab today british economic growth forecast for 2014 revised up to 27
Last Updated : GMT 09:06:17
Arab Today, arab today
Arab Today, arab today

British economic growth forecast for 2014 revised up to 2.7%

Arab Today, arab today

Arab Today, arab today British economic growth forecast for 2014 revised up to 2.7%

London - XINHUA

British economic growth forecast for 2014 has been revised up to 2.7 percent from the previous 2.4 percent, Finance Minister George Osborne said on Wednesday. Delivering his fifth budget report to the House of Commons, Osborne said the British economy was recovering quicker than forecast. "If you are a maker, a doer or a saver: this budget is for you," said Osborne. The Office for Budget Responsibility (OBR) raised its forecast for the British economic growth as economic recovery strengthens. Economic growth next year is revised up to 2.3 percent, up from 2.2 percent made in the Autumn budget report. Growth forecast for 2016 remained at 2.6 percent in 2016 and 2017. Osborne said with the output gap closed around a year earlier than previously predicted, "growth returned to around its long-term trend at 2.5 percent in 2018." The budget report predicted that 1.5 million new jobs would be creased in next five years, and Britain for the first time in 35 years has a higher employment rate than the United States. "Before we came to office the deficit was 11 percent. This year they say it will be 6.6 percent -- lower than forecast and down a third," said the finance minister. The deficit will be reduced to 5.5 percent next year, and then fall to 0.8 percent in 2017-18, predicted Osborne. In 2018-19, there would be no deficit at all, instead, at plus 0.2 percent, said Osborne in his budget. OBR forecast public debt would be 74.5 percent of GDP this year, 77.3 percent next year, peaking at 78.7 percent in 2015-16.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today british economic growth forecast for 2014 revised up to 27 Arab Today, arab today british economic growth forecast for 2014 revised up to 27

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today british economic growth forecast for 2014 revised up to 27 Arab Today, arab today british economic growth forecast for 2014 revised up to 27

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today A no-frills business success

GMT 07:00 2017 Wednesday ,20 September

A no-frills business success
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Israel sees benefits in independent Kurdistan

GMT 07:58 2017 Wednesday ,20 September

Israel sees benefits in independent Kurdistan
Arab Today, arab today Saudi Arabia to unblock internet calling apps

GMT 11:31 2017 Wednesday ,20 September

Saudi Arabia to unblock internet calling apps
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today New Zealand opposition looks

GMT 10:35 2017 Thursday ,14 September

New Zealand opposition looks
Arab Today, arab today Puerto Rico, Virgin Islands brace

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Intel chips loaded in Waymo

GMT 14:43 2017 Wednesday ,20 September

Intel chips loaded in Waymo
Arab Today, arab today Five trends at the Frankfurt auto show

GMT 12:04 2017 Monday ,18 September

Five trends at the Frankfurt auto show
Arab Today, arab today Actress Ream Hhagag prepares for a new film

GMT 09:40 2017 Tuesday ,19 September

Actress Ream Hhagag prepares for a new film
Arab Today, arab today France hopeful of persuading Trump

GMT 06:21 2017 Wednesday ,20 September

France hopeful of persuading Trump

GMT 12:14 2017 Monday ,18 September

Horia Farghaly happy for success of “Case G”

GMT 05:05 2017 Tuesday ,12 September

Pregnant woman's suicide roils China

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 04:26 2017 Wednesday ,20 September

Opioid overdose deaths take 2.5 months

GMT 11:40 2017 Monday ,18 September

Russia and Iraq restore air travel

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:56 2017 Friday ,15 September

Apple's grand plan in Ireland held up by a forest

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday