The Papers: ‘Berlin sends tanks’ and ‘Hunt rules out tax cuts’
Many of Wednesday’s papers look at calls for Chancellor Jeremy Hunt to cut taxes and Germany’s decision to send Leopard 2…
The Times leads on a warning that the government spending watchdog intends to revise its estimates for medium-term growth down, leaving the chancellor with a £9bn black hole just before the budget in March. The paper says it understands the Office for Budget Responsibility now believes longer-term prospects are also bleaker, though any recession this year is likely to be “shorter and shallower”‘ than expected.
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