Politics
Kate Plummer
Apr 14, 2023
content.jwplatform.com
Jeremy Hunt is very optimistic indeed about the state of our economy.
The chancellor reacted to new figures showing no growth in the UK but he looked on the bright side alright.
To Radio 4, he said: “The economic outlook is looking brighter than expected – GDP grew in three months to February and we are set to avoid recession thanks to the steps we have taken through a massive package of cost of living support for families and radical reforms to boost the jobs market and business investment.”
It comes after the Office for National Statistics (ONS) revealed that the UK had no month-on-month growth in its gross domestic product (GDP).
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And in the three months to February the UK’s GDP grew by just 0.1 per cent meaning we just dodged a recession.
With that in mind, people didn't have much time for Hunt's spin, especially as most people feel the impact of the cost of living crisis.
\u201cThe UK will be worst performing country in the G20, in Europe and will be beaten by Russia.\n\nJeremy Hunt \u2018The Outlook is better than expected.\u2019\u201d— BladeoftheSun (@BladeoftheSun) 1681395394
\u201cEconomy \u2018brighter than expected\u2019 says Jeremy Hunt, after finding a tenner on the floor at the Treasury.\u201d— Have I Got News For You (@Have I Got News For You) 1681388129
\u201cSo the IMF gives the British economy a dismal outlook for the coming year. Jeremy Hunt today claims the outlook is better than expected. One is forecasts the outlook for economies globally, the other is in the Gov who voted to place economic sanctions on itself.\u201d— Kwaku (@Kwaku) 1681380385
But thanks for your kind words, Jezza.
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