UK fin min Osborne continues to reveal the contents of his Budget box
More from the Office for Budget Responsibility:
- 2016 CPI forecast +0.7% vs +1.0% forecast in Nov
- 2017 CPI +1.6% VS +1.8%
- debt/GDP ratio rising in 2016 to 82.6%
- OBR forecasts show that govt will not meet target of falling public sector debt to GDP ratio each year
Ok, so I'm the eternal GBP bear but I can't see any good news in this report so far.
GBPUSD still trawling around 1.4060. EURGBP 0.7882
