UK cuts growth forecasts in first budget plan since Brexit vote

By William Schomberg LONDON (Reuters) - Britain has cut its official forecasts for economic growth for the next two years, Chancellor Philip Hammond said on Wednesday, as he delivered the country's first budget statement since voters decided to leave the European Union. The Office for Budget Responsibility, Britain's independent budget forecasters, said gross domestic product would grow by 1.4 percent in 2017, down from an estimate of 2.2 percent made in March, before voters decided to leave the