British Finance Minister Hunt: The underlying debt will drop to 92.9% of GDP in the 2028/2029 fiscal year.

UKHospitality chief executive Kate Nicholls: Freezing alcohol duty until 2025 is good news for alcohol producers. But this will do nothing to ease the crisis in the bar and restaurant industry.

British Finance Minister Hunt: From April, the VAT registration threshold will be increased to £90,000.

UK Chancellor of the Exchequer Hunt: Once economic conditions permit, full expenseization will be allowed to apply to leased assets.

British maritime security company Ambrey: Further reports indicate that rescue and salvage operations for the attacked ship are in progress, and some crew members have already taken to lifeboats.

British maritime security company Ambrey: An Indian Navy warship was observed drifting near the last known position of the affected vessel.

British Finance Minister Hunt: The British economy is expected to grow by 0.8% in 2024, compared with the previous forecast of 0.7%.

British Finance Minister Hunt: The fiscal deficit is expected to account for 2.7% of GDP in the 2025/2026 fiscal year.

British Finance Minister Hunt: The GDP deficit is expected to account for 3.1% in the 2024/2025 fiscal year.

British Finance Minister Hunt: Forecasts from the Office for Budget Responsibility show that the UK has 8.9 billion pounds of leeway compared with the target of reducing the debt-to-GDP ratio (November forecast was 13 billion pounds).

British Finance Minister Hunt: Government debt is expected to account for 91.7% of GDP in the 2024/2025 fiscal year.

British Finance Minister Hunt: At the end of the forecast, borrowing as a proportion of GDP is expected to fall to its lowest level since 2001.

British Finance Minister Hunt: The British Budget Office predicts that the basic public debt to GDP ratio in 2026/2027 will be 93.2% (November forecast was 93.2%).

British Finance Minister Hunt: The British Budget Office forecast shows that the fiscal deficit will account for 3.1% of GDP in 2024/2025 (November forecast was 3.0%).

British Finance Minister Hunt: The British Budget Office predicts that the basic public debt to GDP ratio in 2025/2026 will be 92.8% (the November forecast was 92.7%).

British Finance Minister Hunt: The British Budget Office forecast shows that the fiscal deficit in 2023/2024 will account for 4.2% of GDP (November forecast was 4.5%).

British Finance Minister Hunt: The British Office for Budget Responsibility predicts that the UK’s total debt will drop to 94% by 2028/2029.

British Finance Minister Hunt: The British Budget Office predicts that the basic public debt to GDP ratio in 2024/2025 will be 91.7% (the November forecast was 91.6%).

British Finance Minister Hunt: The British Office for Budget Responsibility predicts that total debt will fall every year during the budget period.

British Finance Minister Hunt: In 2024/2025, the reduction of alcohol and fuel taxes will reduce the overall inflation rate by 0.2 percentage points.