Comment 

Next week's economics: 3-7 Dec

Chris Dillow

Chris Dillow
Next week's economics: 3-7 Dec

Wednesday's Autumn Statement will be the main media event of next week. Chancellor George Osborne is likely to have to announce lower GDP growth forecasts for this year and next - the Budget predicted 0.8 per cent for 2012 and 2 per cent for 2013 - and higher borrowing as a result, although the agreement not to pay interest on the Bank of England's gilt holdings will mitigate the upward revision to borrowing.

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