Productivity downgrade may add £20bn to Budget hole

BBC NewsTuesday, October 28, 2025 at 7:54:14 AM
Productivity downgrade may add £20bn to Budget hole
The UK's productivity levels have been downgraded by the Office for Budget Responsibility (OBR), which could lead to a £20 billion shortfall in the upcoming Budget. This adjustment is significant as it reflects ongoing economic challenges and may impact government spending and public services. Understanding these changes is crucial for citizens and businesses alike, as they could affect economic growth and financial stability in the country.
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