
Chancellor Jeremy Hunt has delivered his so-called “back to work” Budget for 2023 – striking a surprisingly upbeat tone that was a far cry from his dour warnings of difficulty when he entered office last October.
Though he was not without caution, Mr Hunt said the Office for Budget Responsibility (OBR) now forecasts that the UK will not enter a technical recession this year and that the government “will meet the prime minister’s priorities to halve inflation, reduce debt and get the economy growing”.