Official figures are expected to show the economy is growing at its fastest rate since 2007, the year before the crash. But Business Secretary Vince Cable warned the recovery could prove to be a "short term bounce" if it is based on a housing boom.
Claims that Britain's economy is now powering ahead are "cloud cuckoo land" according to shadow chancellor Ed Balls.
With official figures today expected to show the pace of economic growth continuing to pick up, Mr Balls said that it had still to return to the level it was before the global financial crisis broke in 2008.
He told BBC2's Newsnight:
The Democratic presidential candidate may also have shown his cards on his choice of running mate.
The US president also shared a post on Twitter accusing Dr Anthony Fauci of misleading the public over hydroxychloroquine.
Fears over an impending second wave of coronavirus dominates Wednesday’s front pages.