Issue 5: Putting The UK “£22 Billion Pound Black Hole” Into Perspective, And Demystifying The Forecasts Made By The Office For Budget Responsibility!

In this Issue of the Clarendon Insights I talk about the UK “£22 Billion Black Hole” and what it really means in RELATIVE terms.

I keep it non-political, and simply put some numbers into context – very important!

I reference what this £22 Billion would mean in domestic terms versus a mortgage, and I also simplify the Office of Budget Responsibility Statement (all 170 pages of it) that was released on 30 October 2024 with the Chancellor’s Budget Statement.

Have a listen and watch my Two Minute Takeaway (actually Four this time) and make your own minds up!

You do NOT need to be an accountant, or CFO, to digest the key issues of the UK Budget.