OBR productivity forecast may add £20bn to Budget hole

Contributing sentiments towards policy:

49% : However, with other pressures such as the U-turns on welfare spending and a desire to rebuild a bigger buffer in the public finances, speculation is pointing towards significant tax rises including some possible breaches of manifesto commitments, points towards significant tax rises, including possible breaches of manifesto commitments like income tax.
48% : Reeves admitted on Monday to business leaders in Saudi Arabia that the OBR was "likely to downgrade productivity" which has been "very poor since the financial crisis and Brexit".
47% : It comes as speculation is growing over what choices Chancellor Rachel Reeves will take for tax and spending in the run up to her Autumn Budget.
28% : Such a hole could be plugged by hiking taxes, reducing public spending or increasing government borrowing.

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