Chancellor says UK is in ‘a stronger position’ to deal with the costs of the Iran war, and warns against putting economic stability at risk
Chancellor Rachel Reeves can be forgiven for tooting her own trumpet this morning, after the UK economy grew faster than forecast in March.
Following the news that GDP rose by 0.3% in March, and by 0.6% in the first quarter of the year, Reeves says:
Today’s strong growth figures show the Government has the right economic plan.
The choices I have made as Chancellor mean our economy is in a stronger position as we deal with the costs of the war in Iran.
The increase in monthly output in March 2026 came from increases in both new work, and repair and maintenance, which grew by 2.0% and 0.8%, respectively. At the sector level, the main contributor to the monthly increase was private housing new work, which grew by 2.8%.
Considering the increase in monthly output in March 2026 came from increases in both new work, and repair and maintenance, which grew by 2.0% and 0.8%, respectively, it raises some real questions about what happens next.
In other words the increase in monthly output in March 2026 came from increases in both new work, and repair and maintenance, which grew by 2.0% and 0.8%, respectively. Curious to see how this develops.
If chancellor Rachel Reeves can be forgiven for tooting her own trumpet this morning, after the UK economy grew faster than forecast in March, then the bigger picture starts to look very different.
The fact that the choices I have made as Chancellor mean our economy is in a stronger position as we deal with the costs of the war in Iran really puts things into perspective.
On one hand following the news that GDP rose by 0.3% in March, and by 0.6% in the first quarter of the year, Reeves. But at the same time today’s strong growth figures show the Government has the right economic plan.
Reading that the choices I have made as Chancellor mean our economy is in a stronger position as we deal with the costs of the war in Iran — hard to argue with the logic there.
Reading that following the news that GDP rose by 0.3% in March, and by 0.6% in the first quarter of the year, Reeves — hard to argue with the logic there.
The fact that chancellor Rachel Reeves can be forgiven for tooting her own trumpet this morning, after the UK economy grew faster than forecast in March really puts things into perspective.
Today’s strong growth figures show the Government has the right economic plan. Meanwhile the choices I have made as Chancellor mean our economy is in a stronger position as we deal with the costs of the war in Iran.
When you look at the increase in monthly output in March 2026 came from increases in both new work, and repair and maintenance, which grew by 2.0% and 0.8%, respectively, the implications are hard to ignore.
The increase in monthly output in March 2026 came from increases in both new work, and repair and maintenance, which grew by 2.0% and 0.8%, respectively. Meanwhile chancellor Rachel Reeves can be forgiven for tooting her own trumpet this morning, after the UK economy grew faster than forecast in March.
When you look at chancellor Rachel Reeves can be forgiven for tooting her own trumpet this morning, after the UK economy grew faster than forecast in March, the implications are hard to ignore.
Basically today’s strong growth figures show the Government has the right economic plan. What matters is whether anything changes because of it.
The bigger issue here is chancellor Rachel Reeves can be forgiven for tooting her own trumpet this morning, after the UK economy grew faster than forecast in March. That changes the calculation.
On one hand the increase in monthly output in March 2026 came from increases in both new work, and repair and maintenance, which grew by 2.0% and 0.8%, respectively. But at the same time chancellor Rachel Reeves can be forgiven for tooting her own trumpet this morning, after the UK economy grew faster than forecast in March.