Manufacturing output was unchanged in May but the rate of capacity utilization across industries dropped 0.2%.

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The Organization of Petroleum Exporting Countries (Opec) meets on Saturday to discuss its official production quotas, although analysts believe output will remain unchanged.

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The outlook for the Organization of Petroleum Exporting Country's meeting on Thursday, in which OPEC is expected to report unchanged output and increased global demand for oil, sent oil's price down in pre-market trading.

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But Mr Booth insists there will be no sudden change to the station's output - and the distinctive Lilliburlero signature music will remain unchanged.

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We also thought they would probably cut or leave unchanged their estimate of spare capacity in the economy (the "output gap") - again, on the basis of their calculations in March.

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