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IMF Chief Economist Backs Healey to 'Stay the Course' on UK Finances, Upgrades 2026 Growth to 1.3%

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IMF Chief Economist Backs Healey to 'Stay the Course' on UK Finances, Upgrades 2026 Growth to 1.3%

A closer look at “IMF Chief Economist Backs Healey to 'Stay the Course' on UK Finances, Upgrades 2026 Growth”, exactly as the source publishes it. The International Monetary Fund's top economist, Silvana Tenreyro, has urged UK Chancellor John Healey to "stay the course" on repairing the public finances, just weeks before his first budget. The IMF upgraded Britain's GDP growth forecast for 2026 to 1.3%, but cautioned that growth is likely to "edge down" the following year.

Tenreyro noted the UK "stands out" among G7 nations for having a credible plan to narrow its deficit, signaling confidence in the government's fiscal strategy. The endorsement comes as the global economy faces rising risks, with the IMF warning it "could soon test the limits of resilience." For UK households and businesses, the Fund's backing may ease concerns about potential tax rises or spending cuts, while the upgraded growth outlook suggests a modest economic recovery is taking hold. This listing links straight to the original page, where the content is available in full.

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