While delivering his budget spring statement, British finance minister Philip Hammond noted that the Office for Budget Responsibility (OBR) has cut its 2019 growth forecast to 1.2% from 1.6% announced in the fall budget statement in October. Key quotes (via Reuters) OBR forecasts show 2020 GDP growth of 1.4% (oct: 1.4%). OBR forecasts show 2021 GDP growth of 1.6% (Oct: 1.4%). OBR forecasts show 2022 GDP growth of 1.6% (Oct: 1.5%). OBR forecasts show 2023 GDP growth of 1.6% (Oct: 1.6%). Asuming Brexit deal is agreed, I intend to launch full 3-year spending review before summer recess. Spending review will set budgets beyond national health service. Provided we reach Brexit deal with orderly transition, UK will have genuine and sustainable choices about its future. Last night’s vote leaves cloud of uncertainty hanging over economy. The economy itself is remarkably robust. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD remains supported – HSBC FX Street 4 years While delivering his budget spring statement, British finance minister Philip Hammond noted that the Office for Budget Responsibility (OBR) has cut its 2019 growth forecast to 1.2% from 1.6% announced in the fall budget statement in October. Key quotes (via Reuters) OBR forecasts show 2020 GDP growth of 1.4% (oct: 1.4%). OBR forecasts show 2021 GDP growth of 1.6% (Oct: 1.4%). OBR forecasts show 2022 GDP growth of 1.6% (Oct: 1.5%). OBR forecasts show 2023 GDP growth of 1.6% (Oct: 1.6%). Asuming Brexit deal is agreed, I intend to launch full 3-year spending review before summer recess. Spending review… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
