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UK may exit a shallow recession, but GDP figures can't hide deeper problems
The latest figures show UK GDP grew 0.2 per cent between December and January, in a welcome return to growth
Rishi Sunak and Jeremy Hunt are fond of saying that the UK government's plan is working, albeit slowly. But while the latest figures showing GDP grew 0.2 per cent between December and January suggests the recession last year will prove "shallow", it is hard to deny the country still finds itself in a hole.
Just as the chancellor's tax-cutting Budget last week failed to move the dial for Tory MPs, on the financial markets sterling barely budged ...
