The UK is about to "turn the corner on growth", Chancellor Jeremy Hunt has said.

He pointed to upgraded growth forecasts for the next two years from the government's official forecaster, the Office for Budget Responsibility (OBR).

The UK's economy fell into recession at the end of last year, and the OBR warned the UK was entering a period of "stagnating output".

Economic forecasts from independent economists had predicted significantly weaker growth than the OBR's new upgraded outlook.

The OBR now expects the economy to grow by 0.8% this year, a rise compared to its autumn forecast of 0.7%. The forecast for 2025 has also been raised to 1.9% from 1.4%.

Mr Hunt said the UK had outperformed other major European economies.

Growth has been flatlining in the eurozone and many other large economies in the past few years. But the UK has had weaker than average growth over the last year.

The eurozone, France, Canada, Italy and the US have all had stronger growth since the start of the pandemic than the UK, although Germany has fared worse.

Moreover, the OBR's longer-term outlook does not foresee a strong pick-up in growth, which is expected to be just 1.7% a year in 2028.

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