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The Independent UK
The Independent UK
National
Adam Forrest and Thomas Kingsley

UK economy to shrink more than Russia, predicts IMF

International Monetary Fund G7 Economy Inflation Bank of England Britain Jeremy Hunt GDP
EPA

Britain’s economy will have the worst performance of all G7 economies even sinking below Russia.

In its latest update, the International Monetary Fund (IMF) downgraded its UK forecast once again, predicting a contraction of 0.6 per cent against the 0.3 per cent growth pencilled in last October.

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