• UK office for budget responsibility says heightened uncertainty created by Brexit may encourage firms to hire flexible labour rather than make less easily reversed investment

Market news

10 October 2017

UK office for budget responsibility says heightened uncertainty created by Brexit may encourage firms to hire flexible labour rather than make less easily reversed investment

  • We anticipate significantly reducing our assumption for potential productivity growth over the next five years in nov budget report

  • Abnormally low level of interest rates could be weighing on productivity growth

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