IMF U-Turn: Britain Will Be Fastest Growing Major Economy This Year

imf-legarde

The IMF, which claimed before the referendum that a Leave vote would cause a recession, have revised their forecasts to now predict Britain will be the fastest growing economy in the G7 this year. Before the referendum Lagarde also warned share prices would crash. Today the FTSE 100 rose above its all-time closing high, at one point trading at 7,104.

This is how the Remain elements of the media are reporting the news:

Quite something.




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President Trump on May’s Brexit deal:

“I would say that Brexit is Brexit. … The people voted to break it up. So I would imagine that’s what they’ll do. But maybe they’ll take a different route, I’m not sure that’s what they voted for.”

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