Britain IS out of recession: Rishi Sunak hails economy 'turning a corner' after GDP expanded by 0.6%...

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News,Jeremy Hunt,Rishi Sunak

PM Rishi Sunak states the latest ONS data shows 'real momentum' in the UK economy, despite recent challenges from the pandemic, energy costs, and situation in Ukraine.

Britain is out of recession after official figures showed the economy 'going gangbusters' in the first quarter of the year.

Mr Hunt said it was 'proof that the economy is returning to full health for the first time since the pandemic'. Chancellor Jeremy Hunt said it was 'proof that the economy is returning to full health for the first time since the pandemic' Mr Hunt said: 'There is no doubt it has been a difficult few years, but today's growth figures are proof that the economy is returning to full health for the first time since the pandemic.

Hopes have been mounting that the picture was improving for UK plc, with metrics showing an increase in activity. But shadow chancellor Rachel Reeves said: 'This is no time for Conservative ministers to be doing a victory lap and telling the British people that they have never had it so good. The economy is still £300 smaller per person than when Rishi Sunak became Prime Minister.

 

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