OBR forecasts: Economy left “flying blind” for two months

EMBARGO: IMMEDIATE RELEASE

Responding to Liz Truss and Kwasi Kwarteng rejecting calls for an earlier OBR forecast on the budget today, Liberal Democrat Leader Ed Davey said:

“Delaying this forecast means shutting the door long after the horse has bolted.

“Liz Truss and Kwasi Kwarteng are allowing the economy to fly blind for two months, while their reckless plans cause pension and mortgage misery for millions of British people.

“Families and businesses can’t afford to wait any longer for this government to fix their botched, unfair Budget. Truss and Kwarteng must cancel the Conservative Conference, recall Parliament and propose a new Budget now, before any more people lose their homes or close their business.”

ENDS

Notes to Editor:

OBR statement on the meeting can be found here