0br Set Today News Today : Breaking News, Live Updates & Top Stories | Vimarsana

welcome to the programme. it was budget day here in britain today. a big set piece annual event in which the chancellor stairs into the crystal ball, and tries to predict the future — and how best to steer the uk economy through it. the obstacles in his way are common to europe and the united states. high inflation, higher interest rates, and since the pandemic, an intractably acute labour shortage. this graph trackjob vacancies across europe since august 2022, historically high after the pandemic, but you will see the uk, the red line at the very top, is struggling more than most....

And that will have an effect on our disposable income. absolutely one of the things, striking things that the 0br set today was that despite the fact that inflation is falling a little bit faster, that they have interest rate expectations have come down since november disposable incomes in the uk are still set for a suit —— historic squeeze. as you rightly say, inflation coming down still not avoiding the issue that we still have a cost—of—living crisis which is why i think the chancellor had no choice but to introduce or extend measures to help support families through the cost—ofâ€...