Treasury watchdog says impact of Rachel Reeves' huge 'jobs tax' in first Budget was even worse than expected
- Posted on June 3, 2026
- By Daily Mail
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- 1 min read
Treasury watchdog says impact of Rachel Reeves' huge 'jobs tax' in first Budget was even worse than expected
The OBR said its UK growth forecast for last year had been 'too optimistic', with its prediction of 2 per cent being replaced with an initial estimate of just 1.4 per cent.
