Britain’s economy is recovering, claims the chancellor

British Chancellor Jeremy Hunt claims that the country’s economy is “back” and that the Washington meeting of the International Monetary Fund has praised his growth strategy.

Britain's economy is recovering, claims the chancellor
Britain’s economy is recovering, claims the chancellor

Following a barrage of criticism, his predecessor Kwasi Kwarteng departed the previous IMF meeting in October early.

According to Mr. Hunt, the international lending organization noticed that he was “putting the British economy back on the right track”.

The UK economy, according to the most recent data, did not expand in February.

The IMF predicted on Wednesday that the UK economy will contract by 0.3% in 2023, ranking it among the worst-performing of the world’s major countries.

Mr. Hunt responded, “It’s other finance ministers who are telling me Britain is back,” when asked if the UK’s current performance undermined his optimistic message.

 

 

Use your ← → (arrow) keys to browse

See also  With the fewest deliveries since 2022, Tesla is a "disaster."

sikapa

Next Post

Ford makes hands-free driving available on UK highways

Sun Apr 16 , 2023
Following the UK’s approval of Ford’s BlueCruise technology, drivers will be allowed to lawfully take their hands off the wheel while driving.   The use of the “hands-off, eyes-on” technology on several roadways has been allowed by ministers. While a camera will keep a watch on the driver’s eyes to […]
Ford makes hands-free driving available on UK highways