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The Independent UK
The Independent UK
David Maddox

Rachel Reeves is besieged on all sides and needs a dramatic intervention to save UK economy

When Rachel Reeves turns up at the International Monetary Fund (IMF) today she already knows that she needs a near miracle to turn things around.

The dire predictions by the IMF itself ahead of the summit of finance ministers in Washington DC saw the UK set to have the highest inflation of advanced economies at 3.1 per cent while growth was slashed by 0.5 per cent to 1.1 per cent.

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