Faisal Islam: Inflation and borrowing figures illustrate chancellor's Budget challenge
The economic figures released on Wednesday show the constraints for John Healey as he puts the finishing touches to his Budget.
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The economic figures released on Wednesday show the constraints for John Healey as he puts the finishing touches to his Budget.
At the IMF meeting in Bangkok this week finance and business leaders grappled with uncertainty.
On three occasions in the past 24 hours, top IMF officials have praised UK plans to reduce its annual levels of borrowing.
I had expected him to try to forge a political consensus on this thorny issue at this stage, but he has gone further than that.
He must consider the longevity of Iran war economic pressures and how to sustain modest optimism, writes the BBC's Faisal Islam.
Economics editor Faisal Islam examines whether the north-west city can be a template for the entire country.
The new leadership is trying to maintain both confidence and the promotion of economic animal spirits.