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Vlad
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Vlad is offline
West Midlands UK
Joined: Dec 2014
Posts: 1,536
Vlad is male  Vlad has posted at least 25 times and has been a member for 3 months or more 
 
28-07-2021, 09:38 PM
51

Re: Ironing

Time has told….
LONDON, July 27 (Reuters) - The International Monetary Fund has sharply revised up its growth forecast for Britain's economy this year after giving a more downbeat assessment in April when the country was only just beginning to relax COVID-19 restrictions.

British economic output slumped by almost 10% in 2020, its biggest drop in more than 300 years, as it suffered one of the world's highest official death tolls for COVID-19 and endured months of curbs on business and social activity.

But on Tuesday the IMF forecast Britain's economy would grow by 7.0% this year, the same as the United States and the joint-fastest growth rate among major advanced economies.

This was 1.7 percentage points higher than the IMF forecast in April, the biggest upgrade for a major economy.
But there is still room for Luddites
 
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