Fraser Nelson Fraser Nelson

Budget 2016, in eight graphs

Chart 1: Growth downgraded. Not by much, but Osborne sails so close to the wind that every negative revision tends to knock him off course.

Screen Shot 2016-03-16 at 18.04.11

Chart 2: So Osborne’s new debt target is missed already. He said the debt/GDP ratio would fall every year: a target he took right to the limit in his Autumn Statement.

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