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IMF sees higher energy prices and interest rates hitting UK growth

The IMF said higher energy prices and borrowing costs will slow household spending and investment, even as Britain’s 2026 growth outlook rises to 1.3%.

Summary by WTVB
By David Milliken BANGKOK, Oct 13 (Reuters) - Higher energy prices and a rise in long-term interest rates are likely to weigh on British economic growth next year, ​the International Monetary Fund warned on Tuesday, even ‌as it revised up its forecast ...

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IMF sees higher energy prices and interest rates hitting UK growth ...

·London, United Kingdom
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BBC NewsBBC News
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UK growth upgraded but energy prices and rates to bite in 2027

The IMF report comes as final preparations are being made to the first Budget under Prime Minister Andy Burham.

·London, United Kingdom
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BBC News broke the news in London, United Kingdom on Tuesday, October 13, 2026.
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