The chancellor is expected to say the UK economy is “turning a corner” as attention turns to the government’s first Budget and continuing concerns about public debt.
The planned message is centred on the state of the economy and the government’s intention to present a more positive assessment of growth prospects. The comments are expected to come despite acknowledged worries over debt, which remain part of the economic backdrop ahead of the Budget.
John Healey is due to outline plans aimed at spreading growth more widely across the UK. The proposals are being presented in advance of his first Budget, according to the supplied material.
The focus on wider regional growth indicates that the economic plans will not be framed solely around national headline figures, but around how growth is distributed across different parts of the country. No further details of the measures, timetable or funding have been provided in the source material.
The latest position is that the chancellor is expected to deliver the “turning a corner” message while the government prepares its Budget plans. Further detail on the growth proposals and how debt concerns will be addressed is expected when the Budget is set out.
