After a tough start to the year, the chancellor’s desire to ‘kickstart growth’ is unlikely to be happen quickly

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• Pressure eases on Reeves as UK economy grows by 0.1%
• UK economy – live business updates

A return to economic growth, better-than-expected inflation figures, and breathing room in the bond markets. After a difficult start to the year for Rachel Reeves, there are at last a handful of positives to cling onto.

For the chancellor, however, she will know talking up a few green shoots of economic recovery would be a dangerous game. The broad story from the economy is it continues to be flat, having eked out modest growth in November after two small monthly falls in output.