OBR’s no deal warning, signs of life on the high street

The Office for Budget Responsibility’s (OBR) public finance forecasts in a no deal scenario published in its Fiscal Risks Report this week really do look pretty dreadful. We suspect they overdo the gloom a bit. But either way, whether it is Boris Johnson or Jeremy Hunt that wins the keys to No. 10 next Tuesday, they may well ignore it.

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