Here we go
- OBR forecasts public sector net debt as as share of GDP to peak at 80.4%
- sees a fall to 80.2% in 2015/16 tax year
- further fall to 71.6% by 2019/20
- squeeze on public spending to end a year earlier than planned
- state spending as a share of GDP will fall to levels last seen in 2000
- OBR forecasts 2014/15 PSNBR ex banks of £90.2bln vs 91.3 prev
- 2015/16 £75.3 bln vs 75.9bln
- UK surplus to reach £7bln in 2019/20
Hasn't gone into detail how this is all going to be achieved as yet
And I now have to leave for a very important event taking place later ( yep, even bigger than the FOMC)
Ryan will be guiding you through the rest of the Osborne politicking borefest, and he and Greg are all primed and ready to go for the Yellen and shouting later
Have fun out there and successful trading to you all
