OBR | AccountingWEB


Government estimates for how much money measures against tax avoidance will raise may be unreliable, the Treasury committee has suggested, after the UK's tax evasion agreement with Switzerland


The Chancellor was forced to admit in his fourth Budget that the economy will grow by just 0.6% this year - half the 1.2% estimated at the time of the autumn state

The UK’s GDP growth was greater than expected in the middle of 2010, but is likely to underperform against previous Office of Budget Responsbility predictions for 2011.