IMF slashes UK’s growth forecast

By Philip Cockayne The UK’s 2012 and 2013 growth forecasts have been slashed in the International Monetary Fund’s (IMF) World Economic Outlook report, which was published at the end of January. The UK’s predicted GDP (Gross Domestic Product) figures have been cut from 1.6% to 0.6% in 2012, and are down from 2.4% to 2% … Continue reading