IMF upgrades UK growth forecast amid warning on rising inflation

The IMF forecasts faster UK economic growth this year alongside steeper inflation pressures for households.

The International Monetary Fund raised its growth projections for the British economy this year. Families will nonetheless experience steeper price increases and higher energy expenses. The update arrives as the government finalises its upcoming spending plans.

• The projectionThe International Monetary Fund upgraded its economic growth forecast for the nation.
• The warningHouseholds face steeper price increases and higher energy expenses in the coming period.

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