Treasury reaction: ‘cautious but confident’

Update:

Opposition reaction: Delighted, but still worried about the optimistic bounce of 3.5 per cent growth forecast for 2011 We’ve just interviewed Martin Weale of the National Institute, he says that the government ‘deserves some credit’ for these numbers. Important to note, that we will not have formal confirmation of growth in Q2, of the recession ending or pausing, until July.