Birdwatch Note Rating
2024-12-21 14:50:26 UTC - HELPFUL
Rated by Participant: 936FA24149B0170872A6B3632A90FF87F48C0E0C8A82C1AF3F402DAA9FD6C832
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
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