The UK's economy will grow faster than previously expected for 2024, driven by lower inflation and interest rates that have boosted spending.
The IMF warns that new governments can introduce significant shifts in trade and fiscal policy, which could impact future growth trajectories.
Chancellor Rachel Reeves welcomes the upgraded growth forecast, emphasizing the need for further work to protect working people and rebuild essential services.
The IMF's new projection marks an increase to 0.7% growth for 2024, up from the earlier 0.6% forecast made in April 2023.
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