
The economy
Bank of England resists pressure to raise interest rates
Interest rates maintained at 0.1%.
'GDP back to pre-pandemic level by the end of 2021'
Better than expected growth to oversee economic recovery.
Economy inches towards recovery in August
Economy grows by 0.4% in August after -0.1% slump in July.
IFS: Chancellor may lower spending plans in the Autumn Budget
Spending may be cut to achieve the Chancellor's budget surplus.
Borrowing between April and August less than expected
Monthly borrowing remains above pre-pandemic levels.
Inflation rises in August to 3.2%
End to pandemic-related subsidisation pushes up food prices.