Insights
Budget 2017
Putting productivity at the heart of the economic plan
The Chancellor Philip Hammond delivers the last Spring Budget by charting a considered course and ‘preparing Britain for a global future’.
The latest figures released by the Office for Budget Responsibility (OBR) show that the UK has continued to grow despite doubts in the wake of the EU referendum last summer. Strong economic growth in 2016 has led the OBR to revise 2017 growth predictions upwards since last autumn from 1.4% to 2%.
See our research note for a summary of the key announcements; output and employment in target high-skill sectors; and relative performance in target high-skill, high value sectors.