The meeting will tell us how worried policymakers are about the slide in sterling and other UK markets, one economist said.
“These forecasts are a vital indicator of the health of the nation’s finances," Mel Stride said.
"More concerning, July’s GDP remains below the level seen in May, pointing to an overall contraction over the first two months of summer."
Lord Heseltine said that Margaret Thatcher squandered billions from North Sea oil on a short-term consumer boom when she should have invested it.
The minister also claimed his efficiency drive has saved the taxpayer £4 billion this year
It comes well ahead of the next-highest inflation rates seen amongst the G7 countries
A Treasury official working on the water privatisation project said the scheme failed to secure value for both taxpayers and water consumers.
Meanwhile, Boris Johnson's spokesperson has said there will be no further government intervention before the Tory leadership race ends
It comes as UK workers suffer a record-breaking pay slump
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