The National Institute of Economic and Social Research has revised its GDP forecast to just under 1.5% due to weak economic performance in the first quarter of 2018.

Inflation has fallen according to the latest figures from the ONS.

JP Morgan has painted a rosy view of the UK economy, predicting a fall in inflation and growing confidence among UK consumers.

Intergenerational wealth inequality has been branded “staggering”, after new figures from the Office for National Statistics were released.