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In uncertain times and against a deteriorating global economic outlook, this Budget delivers security for working people.
It takes the next bold steps in the government’s long-term economic plan.
Here's how these enterprises are addressing their digital transformations.
At its core, digital business relies on strong security practices.
That has allowed an active monetary policy to support the economy while ensuring the fiscal position is sustainable in the long term.
Productivity growth since the financial crisis of 20 has been weaker in all the major advanced economies, including the UK.
In emerging economies risks have also increased, with falling oil prices hitting commodity-exporting economies, Russia and Brazil in recession, and China’s rebalancing leading to lower growth in a number of countries.
All this means the challenge of delivering a sustained rise in living standards following the financial crisis is greater here in Britain than the Office for Budget Responsibility () had previously forecast.
This is precisely why the UK has been working through its long-term economic plan.