IMF upgrades UK growth forecast to 1%, third fastest in G7
The IMF upgraded the UK’s growth forecast to 1% for 2023, making it the third fastest-growing economy in the G7. This adjustment reflects optimism that the economic impact of the Iran war may be less severe than previously feared. The forecast projects UK GDP to grow by 1.3% next year, with inflation approaching the government’s target by 2027.
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Summary by OZbrief Editorial · The Guardian Australia – Business · Source
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Published 08 Jul 2026, 13:00 UTC · Updated 08 Jul 2026, 13:20 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia – Business. Editorial policy · Corrections
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