UK budget: Growth forecasts cut as Healey unveils £15 billion fiscal buffer

The Office for Budget Responsibility (OBR) lowered its near-term growth forecasts but the government still expects to meet its fiscal rules, with £15 billion of headroom at the end of the forecast period. The headline growth revisions: 2026 GDP: 1.2% vs 1.1% in March 2027 GDP:…