Although consumer confidence has fallen ahead of the Budget, there is little evidence in September’s money and lending figures that Budget worries are having a big influence on households’ financial decisions. More important, of course, will be what happens after the full details of the Budget are released tomorrow. Our forecast is that the economy will continue to grow at a reasonably healthy clip.
We will be discussing the implications of the Budget for the economy and financial markets in a 20-minute briefing at 3pm GMT on Wednesday 30th October. (Register here.)
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