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.
The Bank of England has forecast 0.9% growth for the fourth quarter but economic data published since then have prompted some experts to expect a slightly lower rate.
A bumper Christmas that saw retail sales shatter expectations by climbing 2.6% in December will not have helped boost overall figures too much after a slow performance from the sector in October and November.
Meanwhile latest official figures from the construction industry showed it was likely to drag on GDP, after succumbing to a 4% slump in November, despite being buoyed by Government policies such as Help to Buy.
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.