Wealth Manager - the site for professional investment managers

Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

OBR to lift UK growth forecast

OBR to lift UK growth forecast

Forecasts for the UK economy are poised to be revised up to take account of the more positive data that has emerged in recent weeks.

The Office for Budget Responsibility (OBR) is set to increase its growth forecast for Britain when chancellor George Osborne (pictured) delivers his Budget on Wednesday.

The upcoming forecasts were finalised at the beginning of this month and are expected to see the OBR raise its growth prediction from 0.7% for 2012 to 0.8%, according to the Financial Times.

Such a revision would see the OBR's outlook for the UK fall in line with estimates issued by private forecasters.  The OBR is also expected to put to one side its fears about the UK facing a technical recession.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Boutique tapes: my business will never be sold

Boutique tapes: my business will never be sold

In the final part of our four part series we discuss consolidation and whether it's getting tougher for boutiques to survive.

Play Boutique tapes: are top managers better off at small firms?

Boutique tapes: are top managers better off at small firms?

In episode three of our series, boutique bosses discuss whether the best fund managers are more likely to thrive at smaller firms.

Play Boutique tapes: if you want a Ferrari, you have to pay for it

Boutique tapes: if you want a Ferrari, you have to pay for it

In the second part of our four-part series, boutique bosses are asked how they can justify the fees charged by active managers.

Read More
Your Business: Cover Star Club

Profile: how this boutique beat the big guns of wealth

Profile: how this boutique beat the big guns of wealth

This small west country offshoot of a local IFA scooped a 2018 Citywire award from beneath the noses of the national challengers

Wealth Manager on Twitter