Mar 4, 2024

UK economy is on the right track, claims Sunak

The UK economy is getting "On the right track", claimed Rishi Sunak ahead of what could be his government's final Budget before the general election. The UK fell into recession last year and has less room for Budget giveaways. During a site visit to a former Honda car factory in Swindon, Mr Sunak said that its transformation into a logistics hub by industrial property developer Panattoni was a "Huge vote of confidence in the UK". "It shows that the work we're doing to get the economy on the right track is paying off," he said. Experts have questioned how much help Mr Sunak and Mr Hunt will be able to give households and businesses at Wednesday's Budget. The prime minister's official spokesman said: "The chancellor is working very closely with the prime minister to deliver our plan for the economy and obviously the chancellor will be setting out further measures in line with that on Wednesday at the Budget."

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