UK economy more resilient than many expected - finance minister Hunt

Reuters · 03/10/2023 07:06
UK economy more resilient than many expected - finance minister Hunt


- Finance minister Jeremy Hunt said on Friday that the British economy had been more resilient than many had expected, commenting on official data showing economic output rose 0.3% month-on-month in January.

“In the face of severe global challenges, the UK economy has proved more resilient than many expected, but there is a long way to go," Hunt said in a statement.

Hunt said he will set out the stage of the government's plan to "halve inflation, reduce debt and grow the economy" during the spring budget week.


(Reporting by Farouq Suleiman; editing by William James)

((farouq.suleiman@thomsonreuters.com;))