IMF raises UK growth forecast as it warns on tax and spending

Published: 5/27/2025
IMF raises UK growth forecast as it warns on tax and spending
The International Monetary Fund (IMF) has raised its growth forecast for the UK economy in 2025 but warned about tax and spending policies. Growth is expected to be 1.2% this year, rising to 1.4% in 2026, with a strong economic recovery underway. The IMF highlighted global trade tensions and rising inflation as challenges that could affect future growth.