Responsibility for the budget Office: main points of its new forecasts for the United Kingdom
-L'OBR has raised its forecasts for 2010 United Kingdom 1. 2pc seen in June at 1. 8pc growth.
-For 2011, projected growth was revised down 3pc 2 to 2 1pc.
-2012, The forecast was lowered to 2 8pc 2 6pc.
-Effective Public sector will decrease by 330,000 over the next four years, rather than 490 000 expected to go .Environ jobs 30,000 are accounted by changes to the methodology of the OBR and approximately 130,000 to changes made to the Government since June budget spending plans.
-L'OBR says its central prediction is: "the economy will continue to retrieve the recession, but at a slower pace in the recoveries of the 1970s, 1980s and early 1990s."
-L'inflation will decrease the current annual rate of 3. 2pc 1. 9pc by 2012, the impact of the increase in next TVA and other factors temporary fluctuations below.
-Borrowings net public sector will be £ 148. 5bn in the exercise prices or 10pc of gross domestic product (GDP), £ billion lower than previously forecast.
-Forecasts for borrowing in 2011-2012 are slightly up to £ 117bn, the 116bn £ predicted in June.
-Debt net sector public will point to the GDP, 69 7pc in 2013/14, before shrinking to 67 2pc in 2015 16.La debt had already reached its peak at 70 3pc in 2013/14.
-However, in terms of cash, UK debt will keep climbing, hitting 1.32 trillion of £ in 2015/16.
-Unemployment will reach its peak year next to 8 1pc and fall a bit more 6pc by 2015.
-It has a chance to 70pc of meeting its mandate to eliminate the deficit by 2015-16.
-OBR Chief Robert Chote: "the bottom line of this is that we believe that planned by the Government finances sanitation is compatible with the medium-term objective which it is mounted on the existing data.
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