Press release
13 March 2019
Deloitte’s Chief Economist Ian Stewart comments on the Spring Statement:
“On this account the economy is in a lot better shape than the news on Brexit would make you believe. Growth is forecast to dip, not collapse, with the UK outpacing Germany this year. Radically lower borrowing leaves the Chancellor with £26 billion of dry powder for extra spending. Incomes are forecast to rise for the next six years, the longest period since before the financial crisis. This sunny view is predicated on the UK leaving the EU smoothly, and with a deal.
“The message from the Chancellor is that with an orderly Brexit better times lie ahead.”
@DeloitteUK for live comment;
@DanielFLyons1 for Daniel Lyons, Head of Tax Policy; and
@IanStewartEcon for Ian Stewart, chief economist
Experts from Deloitte are available now and on the day of the Spring Statement for comment. On Wednesday 13 March, please call the Deloitte Media hotline on 020 7007 3333, where you will be directly connected to one of our spokespeople.
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