Hunt: Growth figures ‘good news’ but Gov’t needs to ‘stay focused’

The UK economy marginally grew over the first quarter of the year, according to official data, further easing concerns the UK could soon enter a recession.

UK gross domestic product (GDP) increased by 0.1% between January and March, the Office for National Statistics (ONS) revealed.

Chancellor of the Exchequer Jeremy Hunt said: “It’s good news that the economy is growing but to reach the Government’s growth priority we need to stay focused on competitive taxes, labour supply and productivity.

“The Bank of England Governor confirmed yesterday that the Budget has made an important start but we will keep going until the job is done and we have the high wage, high growth economy we need.”

Produced by

Friday 12/05/2023 11:39 BST

Department of Journalism
School of Communication & Creativity
City St George's, University of London
© 2024