UK economy to 'bounce back' in 2024, says Sunak
UK Chancellor Rishi Sunak optimistic about economic recovery despite challenges.
- Bilawal Riaz
- 1 min read
The UK Chancellor Rishi Sunak expressed optimism about the economy bouncing back this year as inflation decreased. Despite challenges like rising housing and fuel prices, Sunak believes the country is in a new economic phase following shocks of recent years. He acknowledged ongoing difficulties for people but stated that progress is being made due to the government’s actions. The country’s economic health is a key concern as a general election approaches, with both major parties aiming to stimulate growth.