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Evening Standard

Politics

Nicholas Cecil and Jonathan Prynn

Budget 2024: Boost for Labour Chancellor Rachel Reeves as IMF ramps up economic growth forecast for Britain

Rachel Reeves International Monetary Fund Budget Britain Economic Growth United Kingdom Economy

Rachel Reeves who will deliver the Budget on October 30 got a boost with an IMF upgrade on its UK economic growth forecast - (PA Wire)

Chancellor Rachel Reeves got a pre-Budget boost as leading economists dramatically increased their forecast for growth in Britain.

In July, the month of the general election, the International Monetary Fund predicted that the UK economy would grow by a miserly 0.7 per cent in 2024.

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