
Rishi Sunak has an electoral problem: there is virtually nothing he can do to stir the national mood.
Plenty of statistics present a rosy picture of the UK economy. GDP has risen to its fastest in two years. UK exports are up. Inflation is down to a steady 2.3%, while wage growth is strong. After a pandemic lull, business investment is rising and confidence rebounding, while rates are set for a cut or two in the second half of the year.