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The International Monetary Fund on Tuesday raised its 2024 growth outlook for the United Kingdom, saying declines in interest rates and inflation would boost domestic demand.

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Financial Times

London

Greater London

England

United Kingdom

IMF warns of ‘round-tripping’ fears

It came as the financial agency held its forecasts for the global economy steady for 2024, with a slight downgrade for next year.

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The Independent

Evgeny Lebedev

IMF upgrades UK economic growth as elections drive global uncertainty

The International Monetary Fund said in its latest World Economic Outlook report that the newly elected governments 'could introduce significant shifts in trade and fiscal policy'

Daily Mirror

Reach plc

IMF upgrades UK economic growth in 2024 amid global political uncertainty

CNBC

Roberts family

United States

IMF hikes UK growth outlook amid lower inflation and interest rates

The IMF boosted its growth expectations for the UK by the most in the Group of Seven after the US, affirming a positive economic outlook while cautioning the new Labour government on the need to carefully manage debt. 

Financial Post

Leon Cooperman

Allianz

Canada

IMF Upgrades UK Growth Second Most in G-7, But Cautions on Debt

A bump in economic growth will be welcome for Chancellor Rachel Reeves as she prepares for the budget next week and has placed herself in a tough fiscal position.

Sky News UK

UK economic forecast boosted by IMF

The UK economy is expected to grow more rapidly in 2024 than initially forecast, as declines in inflation and interest rates boost spending, according to new projections from the International Monetary Fund (IMF).
According to the IMF’s latest World Economic Outlook report, published on Tuesday, the battle against surging inflation has “largely been won,” with the global economy expected to remain broadly steady.
The report predicted 3.2 percent…

The Epoch Times

Epoch Media Group

New York

IMF Upgrades UK Growth Forecast Amid ‘High’ Global Uncertainty

The IMF boosted its growth expectations for the UK by the most in the Group of Seven after the US, affirming a positive economic outlook while cautioning the new Labour government on the need to carefully manage debt.

Bloomberg

Michael Bloomberg

The Vanguard Group

Howard Buffett

BlackRock

The revised 2024 forecast puts the U.K. ahead of Germany, Italy and Japan, and equal with France. But it comes after tricky borrowing data for Britain’s new chancellor.

IMF upgrades UK growth forecast ahead of budget

Politico Europe

Capitol News Company

Brussels

Belgium

The UK is no longer expected to be the slowest-growing economy in the G7 after the IMF upgraded its forecasts

iNews

Alfred Harmsworth (barrister)

Geraldine Mary Harmsworth

Patricia Harmsworth, Viscountess Rothermere

IMF upgrades UK economic forecast - but Britain still lagging behind G7

Technique to shift risk to investors may have ‘system-wide’ impact, fund warns

IMF hikes UK growth outlook amid lower inflation and interest rates

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