U.K. Faces Slowest Growth Since 2012 After Brexit Vote, IMF Says

  • Fund cuts 2017 estimate to 1.3% from 2.2% forecast in June
  • Says damage may worsen if confidence deteriorates further

IMF's Lagarde Offers Brexit Advice to U.K., EU

The International Monetary Fund slashed its U.K. outlook after the country voted to leave the European Union and forecast the economy will grow at its weakest pace since 2012 next year.

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