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Autumn Statement: Unhappy New Year

29.11.2011
Our take on today’s statement Our take on today’s statement

The Chancellor just gave us a lot of bad news, especially about the New Year. As expected, the Office for Budget Responsibility has delivered a much weaker outlook for next year and beyond. Osborne has responded with a volley of growth measures, but with the eurozone on the edge, things could get even worse before they get better.

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