If you want to know what the future holds we have included this presentation by the Office of Budget Responsibility.
You can download the whole report below which makes for some interesting reading.
Shares in Next dived 9% as the retailer reported falling sales and warned the coming year would be "challenging".
The retailer said full-price sales fell by 0.4% in the 54 days to 24 December, with annual profits now set to be at the low end of expectations.