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In a dramatic downgrading of its previous forecasts, the Office for Budget Responsibility (OBR) estimated that next year's North Sea oil tax receipts would fall to just £700m – less than 0.05% of UK GDP, and then fall further to just £600m in 2016-17.
Similar(59)
A dramatic downgrade of U.S. economic growth in the first quarter revealed the economy's lingering weakness, exposed the folly of Washington's austerity obsession and slapped the Federal Reserve's newfound optimism right in the face.
The design strategy is to downgrade the infill reaction inside the structural frame thanks to a dramatic reduction of the masonry in-plane stiffness.
A Dramatic Turn Of Subtweet.
Displaying a dramatic gesture of humility.
It was a dramatic change of fortune.
A dramatic recreation of the winning sniff.
It's a dramatic slab of land.
There is a dramatic way of serving.
Campaigners say the proposals will lead to a downgrading of services in a number of hospitals.
It [withdrawal of therapy] certainly felt like that implied a downgrading of care for the remainder of the person.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com