For this reason - among others - I don't think reports of the OBR's new forecasts have placed enough emphasis upon Robert Chote's statement that "There is of course considerable uncertainty around any set of economic and fiscal ...
[Telegraph.co.uk] - Robert Chote, director of the Institute for Fiscal Studies (IFS), declares it “the deepest sustained period of cuts to public services spending at least since World War 2”. The OBR downgrades its growth forecasts to 1.2pc for 2010, 2.3pc for and
[The Independent] - Robert Chote's OBR is expected to say that projected public-sector job losses could rise from to half a million over the next five years. Andrew Goodwin, ITEM's senior economic adviser, also warns that a deteriorating economic outlook
[The Guardian (blog)] - Robert Chote, the OBR chairman, is expected to say that the recession was caused by such a grave financial crisis that it will take the British economy much longer to recover and that the slow rate of recovery is now structural.