Wednesday, July 28, 2021

IMF Predicts 7% Growth for UK

Sky reports that Britain's economy will grow faster than any major economy in Europe as it rebounds from the COVID-19 recession and emerges from lockdown, the International Monetary Fund (IMF) has predicted.

In the latest update to its World Economic Outlook, the IMF forecast that the UK economy would grow by 7% this year; the strongest year for economic growth since comparable records began following the Second World War.

The UK growth rate this year is stronger than Germany (3.6%), France (5.8%) and Italy (4.9%).

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