The rate of UK economic growth affects things like pay increases and the amount of tax raised.
The war in Iran has pushed UK Inflation further above the Bank of England's 2% target.
The BBC takes a look in charts at what the UAE's departure could mean for the oil cartel and more widely.
Other tech giants Alphabet, Microsoft and Amazon also reported quarterly earnings on Wednesday.
The UK government borrows to fund day-to-day spending as well as long-term infrastructure projects.
Spotting the events that might lead to a major period of upheaval is notoriously difficult. Could artificial intelligence be the crystal ball we need?
Bank of England governor says the Iran war energy shock makes the next interest rate decision "very, very difficult".
Allowing all ships through the Strait of Hormuz will calm markets but the war has created new problems.
Tehran says it has agreed to open the Strait of Hormuz for two weeks "if attacks against Iran are halted".