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The Independent UK
The Independent UK
National
Dominic McGrath

UK will avoid recession in 2023 – IMF

International Monetary Fund United Kingdom Recession European Union
PA Wire

The International Monetary Fund (IMF) said it is not expecting the UK to enter a recession this year.

In an update to recent forecasts, it said: “Buoyed by resilient demand in the context of declining energy prices, the UK economy is expected to avoid a recession and maintain positive growth in 2023.”

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