telegraph.co.uk / By Robert Winnett / March 6, 2013, 10:36PM
David Cameron will say on Thursday that there are finally signs “we can turn our economy round” – warning that the Government will not change strategy in the forthcoming Budget.
The main problem for Cameron and many other politicians is increasingly trust Photo: AFP
The Prime Minister will express cautious optimism that the country may be emerging from the economic crisis that started almost five years ago but that there is still a “long hard road” ahead.
The comments, in a speech in West Yorkshire on the economy less than a fortnight before the Budget, came as stock markets around the world hit record highs amid growing optimism among investors. Britain fell back into a double-dip recession last year.
George Osborne, the Chancellor, is under pressure to unveil radical, creative policies in the Budget, but Mr Cameron will warn that changing course would “plunge us back into the abyss”.
Vince Cable, the Business Secretary, has called for an increase in investment in infrastructure and other “capital” projects – possibly funded by extra borrowing – to support economic growth.