IMF calling UK 'a dud economy', says Labour

In the latest update of its economic forecasts, the IMF said that it expected the UK's gross domestic product (GDP) to contract by 0.6% in 2023.

Tuesday 31 January 2023 05:36, UK

Labour's Thangam Debbonaire has criticised Jeremy Hunt after the International Monetary Fund forecast that the UK economy will fare worse than any other country in the developed world - including Russia - this year.
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