UK growth forecast upgraded by IMF. Not exactly an apology but ……

The International Monetary Fund (IMF) yesterday forecast that the UK economy will grow faster this year than any other G7 country.
We welcome that the fact that the IMF has upgraded their growth forecasts for the UK this year by more than any other Western economy. This is proof that our long-term economic plan is working.

But we need to do more to boost British exports and increase business investment which is why the Chancellor focussed on this in the Budget last month. It is clear that only by sticking to our long-term economic plan will we build a more resilient economy for the future and a more financially secure future for hardworking people and their families.

By contrast, Labour are just intent on talking down the British economy which is the greatest risk to the recovery. It’s the same old Labour offering no plan to secure Britain’s future – just more spending, more borrowing and more taxes, exactly what got us into a mess in the first place.

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