UK economic growth

IMF warns of hit to UK economic growth

Although the IMF raised its prediction for UK GDP growth this year to 1.8%, the figure for 2017 was cut to 1.1%.

Its assumptions are based on "smooth post-Brexit negotiations and a limited increase in economic barriers".

The IMF's latest World Economic Outlook predicts "subpar" global growth this year of 3.1%, rising slightly in 2017.