UK budget watchdog expected to cut trend productivity growth forecast by about 0.3 percentage points, FT reports

(Corrects to say percentage points, not percentage, in headline and paragraph 1)

(Reuters) -Britain’s Office for Budget Responsibility is expected to cut its trend productivity growth forecast by about 0.3 percentage points, the Financial Times reported on Monday, citing people familiar with the matter.

Reuters could not immediately confirm the report.

(Reporting by Mrinmay Dey in Bengaluru; Editing by Sharon Singleton)

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