IMF Revises Growth Forecast Upwards Again

The IMF has significantly upgraded its growth forecast for Britain in 2017: it now expects the UK economy to grow by 1.5% this year, up by 0.4 percentage points on its October estimate. It has recorded 2016 growth at 2%, up from 1.8%. The IMF said growth:

Held up better than expected in the aftermath of the Brexit vote.”

Remember, Christine Lagarde said the aftermath of a Leave vote would be “pretty bad to very, very bad”. At least Andy Haldane had the good grace to issue a mea culpa…




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David Mundell tells The Times…

“I expect Christmas to take place.”

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