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The Club point said higher that expected reductions of well-being in the CSR, which was not included in the budget for emergency in June, announced mean 90,000 jobs could be saved. In the CSR, the Chancellor announced that additional social reforms would save ￡ structured.

The OBR is likely to increase its estimation of growth of GDP for the year 1. 2pc expected by June 1. nearest 7pc, the club said that tax revenues should overshoot forecast point by ￡ with.

OBR economic and Fiscal Outlook report will be published at 1: 00.

The United Kingdom economic growth slowed in the year, although the most recent figure quarterly GDP output was better than expected.

The national statistical office said that the British economy increased by 0. 8pc between July and September, compared with 1. 2pc for three months.

The third quarter GDP growth allayed fears of a recession double and reinforced hopes Government private sector will find slack created by mammoth reductions in public spending in the economy.

OBR forecasts will provide the financial framework for the next budget the Government in March.

The Chancellor will meet figures revised in its statement of fall.

But Downing Street has played in the report on the perspectives, with a voice saying: "this is not a tax event."

Peter Spencer, Senior Economic Advisor at the Club Ernst & Young, said the forecast OBR provide a joy for the coalition.

He said: "since predicting the OBR in June, we have seen recovery impressive in the economy and an especially impressive upturn in tax revenue, which will no doubt reflected in a more optimistic view in the OBR forecast."

Mr Spencer said additional welfare economies will be "saved some jobs in the public sector.

But Mr. Spencer has warned the additional savings to welfare reform will result in a decline in household income.

The Club point therefore expects the OBR to reduce its forecast for growth in consumer spending forecast period.

European IHS Global Insight, said the OBR is likely to contain its forecast for 2011-2 3pc GDP growth is still to come, Howard Archer, Chief UK Economist.

But Mr. Archer, - which provides also the OBR to increase its estimates of 1 7pc 2010 - said that it would be "optimistic."

The OBR will also update its forecasts for public borrowing - amount, the Government is needed to bridge the gap between spending and revenue.

Mr. Archer said given the upgrade planned growth projection 2010 and probably unchanged 2011, projections for the public debt will remain 149 billion to ￡ 2010/2011.

But the point Club believes that the OBR will be downgrading estimates for public borrowing by factor ￡ 10 billion in tax revenues exceeded has highlighted in the report.

The Treasury Board has refused to comment on the report.

On the other hand, economic think - thanks Adam Smith Institute has published a report warning future commitments the Government healthcare, welfare, education and pensions are not viable.

The group warned these commitments, combined with pressures from an aging population, could result in a financial crisis at the similar to the situation in Ireland - where the Government was forced to seek financial assistance from the European Union - from 2019 United Kingdom.

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