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

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:

Classic #DespiteBrexit from the remainiacs at Bloomberg pic.twitter.com/9IWpTzhBTP

— Euro Guido (@EuroGuido) October 4, 2016

Quite something.

Tags: EU, IMF

Euro News

Dominic Raab: ‘I Was Hoodwinked’ | The Times
Mrs May Must Bow Out By March | Juliet Samuel
Expect Recession If Brexit Isn’t Sorted Out Soon | Telegraph
No.10 Rebuffs Top 40 Horrors | Speccie
The Top 40 Horrors In Theresa May’s Deal | Speccie
The One Thing Voters Agree On | CapX
If This Deal Collapses We Must Choose No Deal | Lord Lamont
Brexit Deal’s 10 Sticking Points | Politico
May’s Betrayal In Our Time | ConWoman
Brexiteers Sharpening Pens for Letters | The Times
Brexit Supporting Cabinet Members Should Resign | ConHome
Fake Brexit Means Never Brexit | Bruce Newsome
Is Today Peak Brexit? | Comment Central
No Deal is Better Than This Deal | Andrew Lilico
Mardell’s Brexit Baddies Begin With Maggie | ConWoman

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Quote of the Day

Dominic Raab wrote in his letter of resignation…

“This is, at its heart, a matter of public trust,” he told the PM, concluding: “I cannot reconcile the terms of the proposed deal with the promises we made to the country in our manifesto at the last election… I believe that the regulatory regime proposed for Northern Ireland presents a very real threat to the integrity of the United Kingdom. I cannot support an indefinite backstop arrangement, where the EU holds a veto over our ability to exit…”