On the day he presented the Spring Budget in Parliament, the UK Finance Minister said that the British economy will grow more than previously predicted and that in the next five years London will contract less 23.5 billion euros of debt Public.
A few days from the date provided for invocation of Article 50. Of the Treaty of Lisbon (which begins the process of leaving the United Kingdom of the European Union), scheduled for the end of this month, Minister Philip Hammond was in Parliament to present his first Spring Budget as finance minister. Philip Hammond began by noting that the Budget Control Office (OBR) now predicts that the UK economy will grow by 2% by 2017, a comparison Forecast by the OBR in November.
Even so, this evolution falls short of the economic growth of 2.2% predicted by the OBR before the referendum on 23 June last year the British electorate gave victory to Brexit. For 2018 the forecast growth is 1.6%, while for 2019 it is 1.7%.
A few days from the date provided for invocation of Article 50. Of the Treaty of Lisbon (which begins the process of leaving the United Kingdom of the European Union), scheduled for the end of this month, Minister Philip Hammond was in Parliament to present his first Spring Budget as finance minister. Philip Hammond began by noting that the Budget Control Office (OBR) now predicts that the UK economy will grow by 2% by 2017, a comparison Forecast by the OBR in November.
Even so, this evolution falls short of the economic growth of 2.2% predicted by the OBR before the referendum on 23 June last year the British electorate gave victory to Brexit. For 2018 the forecast growth is 1.6%, while for 2019 it is 1.7%.
