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Financial Times–Sunak takes heart as recession lifts

The weekend edition of the Financial Times is one of several papers to lead on the news that the UK is out of recession. It says Prime Minister Rishi Sunak is taking “heart” from the “stronger than expected” economic growth in the first three months of the year – and says it is a “boost” for him ahead of the general election.

The FT also highlights that Britain’s growth beat the US and the Eurozone in the first quarter, but carries a Labour warning that the UK economy is “still £300 smaller per head” than when Mr Sunak became prime minister in October 2022.

The “economy’s going gangbusters” is the Daily Mail’s headline after what it calls the “shortest and shallowest recession on record”.

FINANCIAL TIMES-2024-05-11z

FINANCIAL TIMES 3.26 -size