UK Will Be Second-Fastest-Growing G7 Economy, IMF Predicts

UK will be second-fastest-growing G7 economy, IMF predicts

The International Monetary Fund (IMF) has upgraded the rate at which the UK economy will grow this year.

UK forecast to be second-fastest growing economy in G7

But the UK is also predicted to suffer the highest rate of inflation in the G7 both this year and next.

UK Set To Be This Year's Second-Fastest-Growing G7 Economy

According to new projections from the International Monetary Fund (IMF), the UK is set to be the second-fastest-growing of the world’s most advanced economies this year. The G7 are seven advanced economies – the US, UK, France, Germany, Italy, Canada and Japan. The IMF noted that UK economic growth rates remain modest at 1.3% for this year and next, but that outperforms the other G7 economies apart from the US in 2025, in a year of trade and geo…

Bumper profits for US banks, trade worries subdue markets and UK growth forecast to be second fastest in G7 in 2025