Britain's austerity budget had a 'massive' hole which will hurt growth, former Bank of England official says
Last week, Finance Minister Jeremy Hunt announced a £55 billion ($65.2 billion) program of tax hikes and spending cuts as he attempted to plug a huge hole in the country's public finances. - The independent Office for Budget Responsibility confirmed that the U.K. economy is already in recession…
#potentialoutput #ministerjeremy #jeremyhunt #michaelsaunders #financeminister #saunders #potential #output #expected #budgetresponsibility
