Worse than the Weather: Upbeat Growth Forecast Stands Out Amid Gloom

Benjamin Caswell, Senior Economist at the National Institute of Economic and Social Research, dives into the UK's economic outlook. He contrasts a bleak forecast from the Office for Budget Responsibility with his more optimistic projections. The discussion highlights the importance of fiscal stimulus, especially for the NHS, and the anticipated 1.5% growth rate. Caswell emphasizes the potential for recovery, urging patience and strategic reforms to unlock growth despite rising costs and fiscal hurdles.