IMF downgrades UK growth forecast for this year to 4.5 per cent

IMF downgrades UK growth forecast for this year to 4.5 per cent as renewed Covid lockdowns smother recovery The IMF has downgraded its forecast for the UK’s growth amid fresh lockdowns  Body now expects 4.5 per cent expansion this year as rest of Europe suffers Wider outlook for the world has improved and hope for … Read more

IMF downgrades forecast for UK economy with GDP projected at 10.4%

International Monetary Fund DOWNGRADES its forecast for the UK economy and says it won’t return to pre-pandemic levels for at least a YEAR amid second wave and Brexit chaos as Rishi Sunak warns Britain must balance the books Rishi Sunak today stressed importance of the Government balancing the books  The International Monetary Fund issued pessimistic … Read more

Back to normal by… next October? Boris Johnson downgrades ambition

Back to normal by… next October? Boris Johnson promises end to social distancing and return to ‘face to face’ meetings by next Autumn despite claiming life would resume by Christmas Boris Johnson told virtual Tory conference he wanted to be ‘face to face’ in 2021 The timetable seems less ambitious than previous hopes of a … Read more