article_snippet: Economists believe ‘a cocktail of good news’ including falling inflation will cut the borrowing bill by about £20billion.
article_snippet: In Treasury papers leaked to The Guardian, the officials note that the move ‘will generally be very popular with the public and in the media’.
article_snippet: The Government is set to announce the biggest real-terms increase in the minimum wage since the financial crisis.
article_snippet: The standard rate will rise 3 per cent from October to £6.70 an hour, benefiting 1.4million, while the rate for apprentices will go up by a fifth, to £3.30.
article_snippet: The changes, to be announced in the Budget, come amid the strongest economic growth for seven years and the lowest inflation for more than a decade.