IMF raises UK growth forecast and backs Reeves’s deficit reduction plans – business live
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International Monetary Fund says ‘Staying the course on deficit reduction will be important’ for the UK, in annual assessment of the economyIMF urges UK to ‘stay the course’ on borrowing amid Starmer uncertaintyThe head of the International Monetary Fund has said that a sell-off in global bond markets was reflecting the impact of higher oil prices.IMF managing director Kristalina Georgieva was speaking as she arrived for a meeting of G7 finance ministers in Paris, Reuters reports.“A combination
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