The International Monetary Fund nudged up its growth forecast for Britain this year in a regular assessment of the country’s economy, and it urged finance minister Rachel Reeves to stick to her plans to lower public borrowing.
Growth this year is now forecast to be 1.2 per cent, marginally higher than the 1.1 per cent it predicted in April, before rising to 1.4 per cent in 2026, despite headwinds from
