Jeremy Hunt accuses Rachel Reeves of promoting 'fake news' after Labour shadow ... trends now
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Jeremy Hunt yesterday accused Labour of talking down the country after Rachel Reeves suggested the fall in inflation does not reflect the 'economic reality' felt by voters.
The Chancellor hit back after Ms Reeves used a speech in the City to accuse the Government of 'gaslighting' the public by suggesting the economy has 'turned a corner'.
Ministers believe that official figures this week will show that the Britain is out of recession and that the Bank of England will signal that it is ready to cut interest rates in the coming months.
But the Shadow Chancellor said the Government did not deserve a 'victory lap' and suggested that the improvements would not help with the cost of living.
Chancellor of Exchequer Jeremy Hunt pictured out on a morning jog in London on May 7
The Shadow Chancellor of the Exchequer, Rachel Reeves, pictured at a news conference in February
Acknowledging that inflation could return to its 2 per cent target, Ms Reeves said: 'I already know what the Chancellor will say in response to one, or all, of these events happening. He has been saying it for months now, 'The economy is turning a corner, our plan is working, stick with us'.
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