Chancellor George Osborne told ITV News the economic "recovery is gaining momentum" but admitted there is "more to be done".
In an interview with ITV News' Economics Editor Richard Edgar, Mr Osborne said: "Lots of work remains but I think there's real momentum, of course we are emerging from a really difficult recession which hit some parts of the country very hard...I'm the first to say that there's more to be done.
"The recovery is in the early stages but the numbers we have today show that the recovery is gaining momentum.
"If Britain is growing then the finances of Britain's families will start to grow."
Chancellor George Osborne told ITV News that the UK is on the "path to prosperity" but critics claim people aren't feeling the benefit.
The economy grew at its fastest pace for three years but the big question is can it be sustained?