Is the OBR a Dim View of the UK's Medium-Term Outlook?

I think they're looking a lot better. I think we've spoken this year and the key thing that's happened, well there are two key things that have happened. First is the data is just showing more momentum, more resilience. The second thing is we all know we've had this big fall in gas prices. And those two things combined I think will mean that the OBR will predict. It probably will still predict a recession, but a very, very shallow one with growth or some very minimal growth returning in the second half of the year.