Data is expected this week to show the UK is out of recession - but it is also likely that the Bank of England will hold interest rates and keep the base rate cost of borrowing at 5.25%.
The government is 'gaslighting' the public about the state of the economy, the shadow chancellor will say on Tuesday. Rachel Reeves is set to attack the Conservatives in a speech in the City of London, as the opposition takes the fight to the government on their own turf ahead of the general election. Running a strong economy has long been the focus of Conservative election campaigns.
He has been saying it for months now: 'The economy is turning a corner,' 'our plan is working,' 'stick with us'. 'I want to take those arguments head on because they do not speak to the economic reality.' She will add 'During the local elections I travelled across the country. I spoke to hundreds of people. I listened to their stories.
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