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Home » News » Will BBC mention B word? Charts show how UK economy to perform

Will BBC mention B word? Charts show how UK economy to perform

Strong and stable?

Politics Reporter by Politics Reporter
April 11, 2023
in Business, News, Politics
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There is bad news for the world economy but it is even bleaker for the UK. Our economy is expected to shrink this year and will be at the back of the leading G7 countries, the International Monetary Fund has warned.

Emphasising the growing risks of a hard landing for developed countries, the Washington-based body singled out the UK and the euro area as being particularly affected by rising energy costs and higher inflation.

The IMF slightly revised up its estimate of UK growth this year from the -0.6% pencilled in three months ago but still expected the economy to contract by 0.3%.

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Adam Bienkov shared this graph and wrote: “The UK is now set to perform worse than any other major economy this year, according to the IMF, with even sanctions-hit Russia set to do better.”

The UK is now set to perform worse than any other major economy this year, according to the IMF, with even sanctions-hit Russia set to do better. pic.twitter.com/PX9HjkeZ6i

— Adam Bienkov (@AdamBienkov) April 11, 2023

Here it is in another format!

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UK on track to be worst-performing G7 economy this year, says IMF#ToriesOut278 pic.twitter.com/Owa4wfCAfL

— Chirpy Chet (@ChirpyChet) April 11, 2023

Sanctions-hit Russian economy set to perform better than UK in both 2023 & 2024, says IMF

Sanctions-hit Russian economy set to perform better than UK in both 2023 & 2024, says IMF pic.twitter.com/Z2tNmlkEMp

— Sam Bright (@WritesBright) April 11, 2023

Reactions

1.

https://twitter.com/HumphreyVMyers/status/1645786256411070467

2.

Is there any particular one thing that is the reason 🤔🤔🤔🤔🤔🤔

— Mytvcinema.com (@Mytvcinema2005) April 11, 2023

3.

But luckily, we can celebrate having blue passports, so not all is lost

— DrCJ – #GTTO 💙🔶🇪🇺🇬🇧 #FBPPR (@DrCaz_1000) April 11, 2023

4.

"Money well spent"
https://t.co/iYmzCP4oZG pic.twitter.com/LvPWVPIcJB

— 𝕋𝕙𝕒𝕥 𝕓𝕝𝕠𝕜𝕖 𝕥𝕙𝕖𝕣𝕖 (@Yeah_ThatBloke) April 11, 2023

5.

Anyone mention the B word yet?#ToryBrexitDisaster

— Alan NHS💙 #GTTO #FBPE #RejoinEU #SlavaUkraini🇺🇦 (@alanrfrancis) April 11, 2023

6.

But we took back control…phew.

— SpaceyCarrie 🏴󠁧󠁢󠁷󠁬󠁳󠁿 (@CadetKitchen) April 11, 2023

7.

Are we allowed to question Brexit yet? Or is it still 'too early to tell'?!

— FPL Toast (blue tick) (@ToastFpl) April 11, 2023

8.

World-beating! https://t.co/SU2DKQUmWO

— Bernie Blackburn (@bernieblac) April 11, 2023

9.

Strong and stable…https://t.co/G7ccBqYupG

— Marina Purkiss (@MarinaPurkiss) April 11, 2023

Related: Watch: Nigel Farage tricked into promoting one of his biggest critics

Tags: BrexitIMFUK Economy
Politics Reporter

Politics Reporter

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