Jeremy Hunt rejects OBR forecast for 4% GDP loss from Brexit
Jeremy Hunt rejects OBR forecast for 4% GDP loss from BrexitJeremy Hunt has rejected forecasts of Brexit’s hit to the UK economy and that Liz Truss’s mini-budget inflicted long-term damage.The Chancellor also denied that his autumn statement was an overcorrection that will cost the Tories the next election.Speaking to Sky’s Beth Rigby Interviews, Mr Hunt repeatedly said he did not “accept” the Office for Budget Responsibility’s prediction that Brexit will cause a 4% GDP reduction in the long term.“I don’t accept the 4%,” he said, arguing that the fiscal watchdog’s forecast was based on a scenario where no other changes were made that could impact the size of the economy.Sky News
