Browsing: Highlights

Getty ImagesThe Office for Budget Responsibility (OBR) monitors the UK government’s spending plans and performance.Twice a year, it releases forecasts…

Kevin PeacheyCost of living correspondentBBCThe Bank of England has cut interest rates from 4.75% to 4.5%, their lowest level for…

Getty ImagesGovernments borrow to fund “day-to-day” spending, as well as long-term infrastructure projects like the Elizabeth LineThe UK government generally…

The limited growth recorded was driven by a range of industries which performed strongly in December, including pubs and bars…

The Bank also considers other measures, external, such as “core inflation” when deciding whether and how to change rates. Core…