GLOBAL GROWTH WILL SUFFER SAYS IMF

The actual IMF forecast is now available (HERE) and shows global growth forecast downgraded by 0.1% this year and next.  But while world growth slows UK growth will be worst hit suffering a 0.2% cut this year and 0.9% next.  We seem to have shot ourselves in the foot and give the world a flesh wound at the same time.

Sky TV says the IMF report paints an unflattering picture of the UK economy (HERE).  The BBC's take is HERE.