Inflation is nearly half of the 5.2% peak it reached last year. At the Autumn Statement, the Government took more action to help households with the cost of living including a further increase in the tax-free personal allowance and cancelling the fuel duty increase that was planned for January.
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Mr Blavatnik, whose empire includes the Warner Music Group, has an estimated fortune of £13.17bn according to the Sunday Times Rich List.
Find out what to expect from the weather if you are running in the big race in London or watching from the sidelines.
It will be a soggy start to the weekend and temperatures will drop making it feel colder than in recent days.