OBR: Reeves has “blown her Budget and the country’s financial safety net with it”

12 Feb 2025

EMBARGO: Immediate Release

Responding to reports that the OBR has downgraded growth forecasts and the £9 billion in headroom has been wiped out, Liberal Democrat Treasury spokesperson Daisy Cooper MP said:

“This leak suggests that Rachel Reeves has blown her Budget and the county’s financial safety net with it.

“The Chancellor’s jobs tax has sucked the life out of the economy. She needs to urgently come up with a plan B to get the economy growing, including a new trade deal with the EU."

ENDS

Notes to Editors:

Reporting on the OBR forecasts is here.

 


 

 

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