UK economy flatlines in fresh blow to Rishi Sunak’s election hopes
Sign up for the View from Westminster email for expert analysis straight to your inboxGet our free View from Westminster emailThe UK economy recorded no growth in April in a blow to Rishi Sunak’s hopes of turning around the Tory Party’s faltering election campaign.According to data published by the Office for National Statistics (ONS) on Wednesday, gross domestic product (GDP) was flat during the month, following growth of 0.4 per cent in March.This follows an estimated 0.6 per cent growth in the first quarter of 2024, which pulled the UK out of a small recession at the end of last year.It also comes just over a week before the next figures on inflation are released and a decision is made by the Bank of England on interest rates.The latest monthly figure will make grim reading for the prime minister who has made economic growth one of the central pillars of his general election campaign.In March he said this year will be “prove to be the year that the economy bounces back” after the downturn in 2023. Responding to the figures, chancellor Jeremy Hunt said: “There is more to do, but the economy is turning a corner and inflation is back down to normal.”Prime minister Rishi Sunak has pegged much of his general election campaign on a recent record of economic improvement More
