Business Live with Ian King: IMF says UK economy to grow faster than expected

Join Ian King as the UK's biggest listed commercial property company Land Securities said there were increasing signs that valuations were starting to stabilise following the sharp rise in interest rates since the end of 2021.
The International Monetary Fund says the UK economy is heading for a "soft landing", and has raised its forecast for GDP growth from 0.5 percent to 0.7 percent for this year.
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[@ianmorrison5474]

Why is the IMF against reducing tax's for average and lower paid workers?

[@stephenford2758]

Because the government has borrowed and spent too much!

[@stephenford2758]

Wow!!!!!!!!!!!! and upgrade of just 0.2%. I feel a lot better for that. Don't forget folks, this miniscule growth has only been achieved by government binge borrowing, and reckless spending, and debt fuelled consumer spending.

[@adamhinde9538]

yeah yeah, how ?

[@SubsetBand]

well like that

[@JohnnyinMN]

Yeah, great growth. I’m sure the population can now rest easier knowing that they can pay the higher food and fuel costs without a dent in their budget.