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The Independent UK
The Independent UK
National
August Graham

UK on track to be worst-performing G7 economy this year despite IMF upgrade

PA Archive

The International Monetary Fund (IMF) has upgraded its forecast for the UK economy this year and next, but still expects it to grow slower than other Group of Seven (G7) countries.

UK output is expected to contract by 0.3% this year before rebounding to grow by 1% next year, economists working for the body said.

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