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Three things we've learnt about the UK economy from the IMF

The influential economics body has upgraded its UK growth forecast for this year, but risks remain.

Tarun Mottlia

Via BBC News

·Excerpt
Three things we've learnt about the UK economy from the IMF
Image: BBC News (Tech & Business)

There is increased concern about how much money countries are borrowing, but the IMF said the UK is doing better than all other major economies at this.

The IMF said the UK "basically stands out, along with India" when it comes to addressing the problem and by 2031 it is projected to have the lowest annual borrowing of the G7 group of countries, which includes Canada, France, Germany, Italy, Japan and the US.

Sir Howard Davies, former deputy governor of…

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