Barclays on the UK budget - asymmetric risk for GBP (skewed to downside)

This preview of what is coming up from the UK today - bolding mine UK Chancellor Hammond will release the 2018 Budget on Wednesday, and The gap between OBR and BoE productivity growth assumptions has been significant for some time, with average growth rates of 1.60% and 1.25% y/y, respectively, between 2018 and 2020.
Barclays on the UK budget - asymmetric risk for GBP (skewed to downside)