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

Here’s ONS Director of Economic Statistics Liz McKeown on today’s UK GDP report:

“Growth picked up in the first quarter of the year, led by broad-based increases across the services sector. Within that wholesale, computer programming and advertising performed particularly well.

“Production also grew slightly, while construction returned to growth, though only partly reversing weakness at the end of last year.”

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.

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