The International Monetary Fund has predicted that the UK's economic growth could rise by as much as 5% over the next year, pointing to the successful vaccine rollout.
But while Britain will, according to the Fund's forecasts, have the strongest growth in the group of seven industrialised economies next year, the depth of the recession in 2020 means it will be the second to last of them to regain its pre-COVID level of gross domestic product.
Read more here: https://news.sky.com/story/covid-19-imf-upgrades-uk-growth-forecast-on-vaccine-rollout-progress-12267500
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But while Britain will, according to the Fund's forecasts, have the strongest growth in the group of seven industrialised economies next year, the depth of the recession in 2020 means it will be the second to last of them to regain its pre-COVID level of gross domestic product.
Read more here: https://news.sky.com/story/covid-19-imf-upgrades-uk-growth-forecast-on-vaccine-rollout-progress-12267500
SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews
Follow us on Twitter: https://twitter.com/skynews
Like us on Facebook: https://www.facebook.com/skynews
Follow us on Instagram: https://www.instagram.com/skynews
For more content go to http://news.sky.com and download our apps:
Apple: https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8
Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB
Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí https://www.youtube.com/channel/UCzG5BnqHO8oNlrPDW9CYJog
- Category
- World
- Tags
- Kristalina Georgieva, IMF, AUSTERITY
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