ECONOMISTS’ VIEWS: IS OSBORNE’S DEFICIT REDUCTION PLAN ON TRACK?

 
Julian Harris
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DAVID MILLER | CHEVIOT ASSET MANAGEMENT
“Reining back the deficit had to happen and is being managed reasonably well. Corporate sector tax receipts may surprise to the upside.”

SIMON KIRBY | NIESR
“Unlike the Office for Budget Responsibility, we don’t expect Osborne to meet the primary goal of a cyclically adjusted budget balance in 2015-16.”

PHILIP RUSH | NOMURA
“We expect April’s public finances to be in slightly better shape than in 2010, with borrowing of £6.7bn excluding financial interventions.”