IMF Lifts Forecast for U.K. Economy in 2016 Despite Brexit

Updated on
  • IMF sees economic growth 1.8% this year rather than 1.7%
  • Lender still sees medium-term growth weaker after Brexit

IMF Forecast Calls for Subdued Global Recovery

The International Monetary Fund became the latest forecaster to upgrade its outlook for the U.K. this year after the economy proved more resilient than expected following the vote to leave the European Union.

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