Birdwatch Note Rating
2024-12-18 18:25:05 UTC - HELPFUL
Rated by Participant: 8526240C27AFD3A25376F9B2DC1169D536A6F0C39AC5CC29DFA4E60BA18E88EA
Participant Details
Original Note:
“In 2025-26…we assume firms pass on 60 per cent of the higher costs to workers and consumers, via lower wages and higher prices…from 2026-27 onwards, we assume…that 76 per cent of the total cost is passed through lower real wages” - OBR Economic & Fiscal Outlook, October 2024 https://obr.uk/docs/dlm_uploads/OBR_Economic_and_fiscal_outlook_Oct_2024.pdf
All Note Details