IMF slashes UK growth outlook, adding pressure on finance minister Hunt ...Middle East

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IMF slashes UK growth outlook, adding pressure on finance minister Hunt
source : Devdiscourse ( Middle East ) () 22
Britain is the only Group of Seven nation to have suffered a cut to its 2023 economic growth outlook in International Monetary Fund forecasts published on Tuesday, adding to pressure on finance minister Jeremy Hunt to come up with a growth plan. Britain's flagging economy now looks set to shrink by 0.6% this year, a sharp downgrade from previously expected growth of 0.3% in the IMF's last forecast in October.

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