Economic data

OBR slashes UK growth forecast for 2027 despite Healey’s budget measures

Guardian World28 October 2026, 14:19 UTCUnited Kingdom

Outlook for living standards also downgraded as part of impact of Middle East conflict on economyHealey offers £100 payment to households to help navigate ‘global economic storms’Budget 2026: key points at a glanceBudget 2026 live – latest updatesBritain’s economy has taken a multibillion-pound hit as the war in the Middle East drags down growth and triggers a fresh cost of living crisis, according to the government’s independent forecaster.In a report as John Healey announced his first budget, the Office for Budget Responsibility (OBR) issued a sharp downgrade for growth, living standards and

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Annual Budget ReleaseEconomic dataUnited Kingdom28 October 2026, 12:30 UTC
Autumn Forecast StatementEconomic dataUnited Kingdom28 October 2026, 12:30 UTC

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