things economically, there is always huge scope to cut or raise taxes, or spending, and then there is what his room for manoeuvre is within his self imposed targets. we must be clear on this. a government s finances are completely unlike a household finance. we live in a currency where the government issues currency, we cannot do that, ferns cannot do that, whereas the government issues a currency and has a lot more freedom than us. not many of us have a money printing press in our front rooms. of us have a money printing press in ourfront rooms. but of us have a money printing press in our front rooms. but the chancellor must calculate his own self imposed targets so wriggle room is against those, and those are a political judgment. they are based on what the government thinks the markets will wear. just like in the mini budget wear. just like in the mini budget we had last year, there seemed to be no constraints on what the government will blow on tax cuts, for example, so
sense, and investment, investing where we need to invest. and give me our where we need to invest. and give me your assessment where we need to invest. and give me your assessment if where we need to invest. and give me your assessment if you where we need to invest. and give me your assessment if you will where we need to invest. and give me your assessment if you will of - where we need to invest. and give me your assessment if you will of where l your assessment if you will of where the uk figures right now against some of its peers. we know the us is in a similar position in terms of things like inflation and interest rates, having to raise rates to keep a lid on prices. other developed economies across europe are facing similar challenges. where do we sit in terms of economic growth and how well the uk is performing right now? starting with inflation, we have been doing relatively well. it is a bit sticky but some of it is down to the structure of the economy bei
I am Julie Grauert. Daniel i am daniel miller. A weather alert as the noreaster bringing rains and gust he winds across the area this morning. You can see the rain in this area. So far it was light. What it looked like in boston an hour ago. Fox25 stormtracker meterologist shiri spear sgleoing in on where the zeroeing where the heavy rain is right now. Shiri the rain is over the cape and islands. Things have eased up you since Kevin Lemanowicz was on the air last night. Things intensify through the morning hours. A mild start. 40s and 50s. A steady rain across eastern massachusetts. You can see the yellows near the vineyard and hyannis where it is more moderate and a little heavy little heavier. Futurecast to 6 30, 7 00, winds gusting between 35 to 40 mawrs and the wind might end up being a bigger story than the rain which is somewhat scattered but pockets of heavy showers that will develop between 7, 8, 9 00 9 00. By lunchtime we still have rain in the picture and those winds gusting
That light to moderate rain. Nuisance weather in place for most of us and a path of steady most of us and a path of steadier rain between fitchburg and nashua, New Hampshire. Right now in worcester your winds are gusting at 30 Miles Per Hour. So breeze and rain all during the morning hours. Areas of heavy rain and strong wind at 7 a. M. Temperatures are generally running in the upper 40s. A couple of lower 50s too. But temperatures are barely budging today. At noontime 48 degrees and still windy and the showers will break apart and ease up and will continue to do just that. At 3 p. M. , i have got 49 degrees and a couple of patchy showers left. Dry by 7 00. The clouds tart to break apart and more wet weather into tomorrows forecast. The timeline on that coming up shortly. Over to Julie Grauert though, and keeping an eye on the roads. Hi, julie. Julie shiri, we are expecting the drive times to take a hit because of the volume. 93 south looks good. Route 1 moving along fine. Zakim bridge
Miles per hour along the coast Miles Per Hour along the coastline and 50 Miles Per Hour along the cape. And this is where as a result heaviest pockets of rain. Rained and wind peeking during the morning commute. By noontime, showers are starting to ease up. Potential for heavy showers down across the cape and the rest of the region showers break apart and still going to be very breezy straight into the afternoon hours and not quite the wind during morning and evening commute, a potential for a little bit of drizzle hanging along the coastline. 46 to 54. Rain and wind will be worse this morning. And i will give you a closer look into the morning commute coming up. Julie grauert standing by with live drive time traffic. Julie, a busy morning for both of us. Julie i think so too shiri when you put your radar over the traffic flows. Most of the major roadways are soaked. Route 1, 93 south, those wet roadways could cause some problems for you. Framingham through the weston tolls. You can se