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FTSE 100 companies and industry experts await the announcement by the new fiscal watchdog, which many believe will project weaker growth than the three per cent suggested by former chancellor Alistair Darling.
The figures released will be used to inform the emergency budget of new chancellor George Osborne, due to be publicised on June 22nd.
The Budget will be followed by a review of government spending, expected in autumn this year.
Some critics accuse the government of negative interpretation of Britain's financial prospects, using the expected announcement to attack the former government and raise support for public spending cuts.
Stock market trading has suffered at times from economic uncertainty in the wake of the recession. Advocates for cuts to fiscal support measures argue reducing the country's deficit will restore confidence in the market and speed up recovery.
Posted by Chris Weaver
