IMF: UK Growth Projections Fail to Rebound From Start of Year
The International Monetary Fund has increased the UK’s GDP growth projections by only 0.1% since its last Economic Outlook report in April. When it warned of global economic doom from Trump’s tariffs…
In the July GDP Projections 2025’s growth is forecast at 1.2% and in 2026 1.4%. That is after Starmer’s trade deal with Trump. A 0.1% uplift for this year and no change for last year compared to April’s report…
Compare that to January’s projections of 1.6% for this year and 1.5% for next year. The report adds it expects the Bank of England to cut “around twice more this year after pausing to assess incoming data.” Sluggish…