cuts. the pound has strengthened and the obr says today the lower interest rates generated by the actions of the government already benefiting our economy and public finances. mr speaker, credibility cannot be taken for granted. yesterday s inflation figures show we must continue a relentless fight to bring it down, including a rock solid commitment to rebuild our public finances. richard hughes and his team at the obr today layout starkly the impact of global headwinds on the uk economy. i am enormously grateful to him and his team for the thorough work. the obr forecast uk s inflation rate to be 9.1% and 7.4% next year. they confirm our actions today help information to full sharply from the middle of year stop they also judged