The UK’s economy is predicted to be among the worst performing among the G20 nations this year, according to the International Monetary Fund (IMF). The IMF’s latest forecast suggests that the UK’s economic performance in 2023 will be the weakest of the world’s 20 largest economies. Although it is a small upgrade from its previous prediction, the IMF still expects the UK’s economy to contract this year. The agency also warned of a “rocky road” for the global financial system.
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