Business

UK Economic Forecast Update

Updated 2026-05-18 11:30 UTC 1 source Neutral

The International Monetary Fund (IMF) has upgraded the UK's economic growth forecast for 2026 to 1%, up from an earlier projection of 0.8%. However, risks remain as global uncertainties persist.

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BBC News

UK growth forecast upgraded by IMF but risks remain

Growth has been upgraded from 0.8% to 1% for 2026 in the influential body's latest forecast.

2026-05-18 11:00 UTC