Growth per head will remain flat this year as the effects of high inflation take time to abate

Britain’s households will endure a second year without an improvement in their living standards in 2024 as the effects of high inflation take time to abate, the International Monetary Fund has revealed.

In its flagship World Economic Outlook (WEO), the Washington-based IMF said it was forecasting modest 0.5% UK growth this year – but only as a result of a rising population.

Continue reading…

You May Also Like

Monkeys and eggplants: how do men and women use emojis differently?

Studies have pointed to a gender gap and dating coaches agree –…

King lauds friendship ‘in time of need’ in first comments since princess’s diagnosis

Pre-recorded message for Maundy service in Worcester Cathedral will be played as…