
The warm sunny weather greeting Rachel Reeves in Washington DC this week contrasted with the somewhat chilly headwinds facing the British economy at present.
The International Monetary Fund has downgraded its growth forecasts for this year for the UK from 1.6% to 1.1%, and the Chancellor is right to redouble the Government’s efforts to strike a trade deal with the US in order to avoid the full impact of President Trump’s tariffs.