Quote Message: Forecasts are always going to turn out to be incorrect but I think it's certainly the case at the moment there's more uncertainty, more risk than what we normally have so we shouldn't be surprised if things turn out very, very different to what anyone thinks is going to happen. Let's hope that's because things turn out a lot better but of course it could be that things turn out worse, which gives the Chancellor some reasons for wanting to not spend some of the extra money that's he's managing to bank this year. from Carl Emmerson Deputy director, Institute for Fiscal Studies

Forecasts are always going to turn out to be incorrect but I think it's certainly the case at the moment there's more uncertainty, more risk than what we normally have so we shouldn't be surprised if things turn out very, very different to what anyone thinks is going to happen. Let's hope that's because things turn out a lot better but of course it could be that things turn out worse, which gives the Chancellor some reasons for wanting to not spend some of the extra money that's he's managing to bank this year.