Back to the Southampton Newsfeed

Upbeat Rishi Sunak says the UK economy has 'turned the corner' as he insists the country is heading for a 'brighter future'

Related Topics: Rishi Sunak

Rishi Sunak yesterday declared the economy has 'turned the corner' as he insisted Britain is heading for a 'brighter future'.

In an upbeat assessment, the Prime Minister told a business conference in Warwickshire he has 'confidence for the future' as inflation finally comes under control.

Ministers are optimistic that the headline rate of inflation will fall to around 3.5 per cent when official figures are published tomorrow, putting pressure on the Bank of England to start cutting interest rates.

The PM acknowledged it has been a 'tough few years', with Covid and the war in Ukraine sending energy bills and inflation soaring.