The economic figures released on Wednesday show the constraints for John Healey as he puts the finishing touches to his Budget.

UK inflation rose in September, pushed up by higher petrol and diesel prices.

Inflation accelerated to 3.5% from 3.1% in the year to September, according to the Office for National Statistics (ONS).

Musk, who is CEO of both companies, says there is "a lot to be gained" from the merger, which would be the biggest in history.