It must be bittersweet being Rachel Reeves. Figures just released by the Office for National Statistics (ONS) show the economy grew by 0.5 per cent in February. That is significantly better than economists had expected and, coupled with the fact that January growth has been revised up, it marks probably the first piece of seriously good economic news for the Chancellor since she entered No. 11 Downing Street.

Pretty much everything other than manufacturing saw improved performance and demand at the start of the year. Car sales, publishing and real........

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