Economic Growth
Commons · Question 122122 · Tabled 19 Mar 2026 · Treasury · Official record
Answered 26 Mar 2026
Question
Asked by Wendy Morton
To ask the Chancellor of the Exchequer, with reference to the Office for Budget Responsibility’s Economic and Fiscal Outlook published in March 2026, what the forecast rate of UK economic growth is expected to be in each year of the forecast period; what
Answer
Answered by Torsten Bell, 26 Mar 2026
The independent Office for Budget Responsibility (OBR) published its latest Economic and Fiscal Outlook (EFO) on the 3rd March 2026. The OBR forecasts that the UK economy will grow by 1.1% in 2026, and will then grow at an average rate of 1.6% per year fr...