Chote noted that the OBR’s outlook was more optimistic than the average of other forecasters. The IMF forecasts UK growth of 1.1% next year. Ian Stewart, chief economist at Deloitte, said the OBR’s outlook reflected that picture. “The OBR sees Brexit taking a smaller chunk out of UK growth than many feared in the wake of the referendum. Photograph: Lewis Whyld/PABut the group Economists for Brexit was critical of the OBR’s outlook as too downbeat.

Source: The Guardian November 23, 2016 19:03 UTC