“We’re certainly going to see temporarily a considerably higher amount of government borrowing”, says Robert Chote.
Philippa Stroud’s new Social Metrics Commission hopes to bring light to murky statistical waters. But can numbers ever truly neutralise politics?
The OBR’s assessment is “consistent with a range of possible outcomes that we can keep under review in future forecasts”. In other words, it’s sorry – but it hasn’t a clue.
Plus: Contrite Soubry. Ashcroft’s Party. The Chancellor’s forecasts and the OBR’s admission. P.S: Re those Clarke memoirs, I admit that I can’t wait to read them.
Mr Osborne was impenitent about the delay and unclear about whether the sun is now shining