The Telegraph reported yesterday (HERE) that the IMF is preparing to slash their growth forecast for the UK to below 1.7% this year (from 1.9%) and to below 1.4% next year (from 2.2%). This is all in keeping with the IMF's declared position that Brexit would deliver a “negative and substantial” blow to the UK economy.
The Telegraph's position has altered considerably. Before the referendum it, or at least all their columnists, would have dismissed such a claim as scaremongering. Now it's reported as fact. Amazing.
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