IMF raises UK growth forecast to 1.3 percent for 2026, but warns energy and rate pressures will curb 2027 expansion
The International Monetary Fund raised its 2026 growth forecast for the United Kingdom to 1.3 percent, offering a near-term boost to the Treasury ahead of the October budget, but the Fund cautioned that higher energy costs and rising long term interest rates are likely to slow growth in 2027.