Treasury refuses to publish UK economic forecast
The UK’s independent forecaster has provided an updated outlook for the economy, the BBC understands. …
The Financing Remit is given to the Debt Management Office based on a forecast for borrowing. Extra sales of government loans, known as gilts, also need to be co-ordinated with the Bank of England, which is planning to sell off some of the gilts it owns, as it starts to reverse its long-running programme of stimulus.
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