Humiliation for Reeves as IMF slashes UK growth forecasts with biggest downgrade in G7 - and warns global recession is a 'close call'

Humiliation for Reeves as IMF slashes UK growth forecasts with biggest downgrade in G7 - and warns global recession is a 'close call'

In a damning report, the global watchdog said it now expects the UK economy to grow by just 0.8 per cent this year.

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