fall to

The overall figure saw a dramatic fall to June 2025, and comes alongside a drop of approximately 70% in arrivals of non-EU+ nationals on work and study dependent visas.

November sales volume is expected to fall to 1.27 million, down 1% from October and 7.8% from the year-ago period, according to Cox.

The OBR said the government’s budget deficit will fall to 1.9% of GDP in 2030 from 4.5% in this fiscal year and 3.5% in the next.

The OBR also forecast that the government’s stock of debt, as measured by public sector net financial liabilities, will fall to 83% of GDP in 2030 from 83.7% of GDP in 2029 and 83.1% of GDP in the current fiscal year.

It also lifted next year's inflation forecast from 2.1% to 2.5%, but the rate is then expected to fall to 2% in 2027 and the following two years.