The Office for Budget Responsibility Is Out of It's Assessment

Budget is a good change, the office for budget responsibility now comes out of its assessment on the budget straightway. Bigger challenge is what do inflation and interest rates do to the limited headroom. The tax take as a percentage of g d p was around 33 % pre pendemic. Now i'm not terribly comfortable with that - we're talking about a third of the uks d pates. Come 20 26 27, it's going to be over 36%. I mean, this is a government that is growing. And i thinktat if you are looking at interest rates being four % twice the target next summer, soy inflation v ben, 4% more than bank of in