The rate of UK economic growth affects things like pay increases and the amount of tax raised.
Weak demand domestically and the impact of the Iran war on oil prices overshadowed the country's strong exports.
The free trade agreement between the world's fifth and sixth largest economies has come into effect - can it deliver?
Iran has repeatedly restricted access to the Strait of Hormuz, one of the world's busiest oil shipping channels.
Though the person in charge of the country will change, the fiscal issues remain the same.
The El Niño phenomenon is likely to be particularly intense this year, scientists warn. If so North America may face extreme weather, higher food prices and greater health risks.
Jamie Moakes has been following his dream of making Ram Man so rare it becomes expensive.
With fuel and gas prices having fallen in recent days, we look at how the end of hostilities might affect you - in five charts.
The UK borrowed £23.3bn in May, according to official figures, up almost a third on the same month last year.