IMF's growth forecast cut underscores need to increase productivity says UK

UK government spokesman replying to IMF's GDP forecast cut 24 July

• also highlights the need to ensure we get the very best deal with the EU

The UK Treasury emphasised that the IMF recently judged that the UK government's fiscal plans "strike an appropriate balance" between medium-term objectives and providing room for short-term manoeuvering "amid elevated uncertainty about the economic outlook".

Eamonn had the IMF report/forecasts here earlier.

The BBC has more here.

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