“This forecast round was produced using our internal ready-reckoner models”
The above is modelling: expert-built assumptions, grounded in data and economic theory, used to produce conditional forecasts.
They aren’t guesses - they’re structured, empirical inputs by the UK's top economic experts.
Read the second half of the paragraph.
But they have lower risk of outright closure due to lower costs thanks to their size and mass production etc. Money wise they will pay more, but at lower risk.
Also, the OBR modelling does say what I ‘claim’ because I took it straight from them: obr.uk/docs/dlm_upl...
Because it’s small business owners who will be affected by this the most, who aren’t rich at all. Many say they risk closure. This will only make the rich richer.
It’s also OBR modelling showing this cost will be passed down to workers through lower wages. It’s not dishonest in the slightest.
