The International Monetary Fund (IMF) yesterday slashed its forecasts for UK growth to 1.4% in 2008 and 1.1% in 2009, down from the 1.75% projected for each of these years as recently as May.
- Text size
IMF lowers expectations for UK growth
The International Monetary Fund (IMF) yesterday slashed its forecasts for UK growth to 1.4% in 2008 and 1.1% in 2009, down from the 1.75% projected for each of these years as recently as May.
