IMF awards the UK the biggest economic growth upgrade in the G7

The IMF last revised its forecast for the British economy in July, forecasting growth of 0.9% for the year and 1.5% in 2014, the Daily Mail reports. That itself was an upward revision from 0.6% in April and was almost immediately beaten in August when official estimates showed the economy grew by 1.1% in the first six months of the year. Now the IMF's World Economic Outlook has predicted the British economy would grow by 1.4% this year and 1.9% next year. As in July, the upward revision was the biggest for any G7 nation. The forecast will come as welcome news to George Osborne, ...