A whiff of wishful thinking about Hunt's declaration of economic 'soft landing'

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Most economists would hesitate before describing Britain's situation as a 'soft landing' but on the brink of a general election, the chancellor was at pains to insist there is a positive outlook.

It's not quite a Mission Accomplished moment - the equivalent of that day in 2003 when George W Bush stood on an aircraft carrier and prematurely declared the Iraq war was over. But Jeremy Hunt's declaration in our interview in Washington DC that he had achieved a 'soft landing' in the economy certainly has a whiff of wishful thinking about it.

The polling suggests the Conservatives are heading for a decisive loss, and the absence of an economic 'feel good factor' isn't helping. So one can understand why he wants to paint the picture of a strong economy. Read more from Sky News:Review ordered into another Post Office IT systemAlmost one million renters given no-fault evictions Yet peer at the data and it's hard to share his confidence. With interest rates still at 5.

 

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