The world economy will grow faster than expected after the impact of Donald Trump’s tariff war waned and imports to the US surged, new projections show.
The British economy could experience a small boost, with the International Monetary Fund (IMF) upgrading its growth predictions by just 0.1 per cent for 2025. Growth is expected to sit at 1.2 per cent this year and 1.4 per cent for 2026, according to the organisation’s latest World Economic Outlook forecasts.