The UK economy is forecast to grow slightly more than previously expected this year, but the International Monetary Fund (IMF) has warned that the Chancellor must stick to her rules on tax and spending.
In its annual health check for the economy, the IMF predicted growth of 1.2 per cent this year, rising to 1.4 per cent next year.
It said an economic recovery was "under way" after a boost in the first three months of the year.
The forecast from the influential body comes just over a month after it downgraded its expectations for the UK from 1.6 per cent in 2025 to 1.2 per cent.
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