UK Productivity Outlook May Face Upward Revision
Britains budget forecasters may need to raise productivity growth views following a methodology change. However, the revision is likely too late for the upcoming budget plan.
United Kingdom budget forecasters may need to upgrade their productivity growth views by 2% following a methodology overhaul, a think tank said on Friday afternoon. The revision shifts the country's productivity metric ahead of most G7 peers. However, the update arrives too late to alter next month's tax and spending framework.
