Healey said there would be consequences from weak economic forecasts

Defence Secretary John Healey has warned there will be “consequences” from recent weaker economic forecasts in the nearing Autumn Budget.

The minister insisted no final decisions had been made for the upcoming Budget, which will be delivered by Chancellor Rachel Reeves on 26 November.

However, he acknowledged that the Office for Budget Responsibility (OBR) saw much worse “scarring” on the economy than previously expected, and Reeves would “deal with these challenges”.

The OBR is widely expected to downgrade its productivity forecasts for the UK at the end of November.

In an interview with Sky’s Trevor Phillips, Healey said: “What we do know is that they [OBR] see the deep damage and scarring to be much more serious

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