Mini-budget will not lead to promised growth, leading economists tell MPs
by Peter Walker Political correspondent from on (#64MT7)
Economic confidence in UK seriously undermined by Kwarteng and Truss's guerrilla tactics', Commons committee hears
Senior economists have dismissed Liz Truss's chances of reaching 2.5% economic growth in the next few years, as they said her government's guerrilla tactics" in last month's mini-budget played a major role in spooking markets.
Speaking to the Commons Treasury committee, the economists said the 2.5% growth target was almost impossible". The committee has launched its own investigation into the mini-budget in the absence of a formal forecast from the Office for Budget Responsibility.
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