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IMF upgrades UK growth forecast as fears over impact of Iran war diminish
July update projects GDP growth of 1% this year, making UK the third fastest-growing economy in the G7 The International Monetary Fund (IMF) has upgraded its growth forecast for the UK, while leaving those for other G7 countries weaker or unchanged, amid hopes the economic impact of the Iran war may be less severe than feared. In a July update of its World Economic Outlook, which was finalised before the latest outbreak of hostilities in the Middle East , the Washington-based organisation projected UK gross domestic product to grow by 1% this year – up 0.2 percentage points from its April forecast . Continue reading...
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July update projects GDP growth of 1% this year, making UK the third fastest-growing economy in the G7 The International Monetary Fund (IMF) has upgraded its growth forecast for the UK, while leaving those for other G7 countries weaker or unchanged, amid hopes the economic impact of the Iran war may be less severe than feared. In a July update of its World Economic Outlook, which was finalised before the latest outbreak of hostilities in the Middle East , the Washington-based organisation projected UK gross domestic product to grow by 1% this year – up 0.2 percentage points from its April forecast . Continue reading...
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According to The Guardian’s linked source, IMF upgrades UK growth forecast as fears over impact of Iran war diminish, July update projects GDP growth of 1% this year, making UK the third fastest-growing economy in the G7 The International Monetary Fund (IMF) has upgraded its growth forecast for the UK, while leaving those for other G7 countries weaker or unchanged, amid hopes the economic impact of the Iran war may be less severe than feared. In a July update of its World Economic Outlook, which was finalised before the latest outbreak of hostilities in the Middle East , the Washington-based organisation projected UK gross domestic product to grow by 1% this year – up 0.2 percentage points from its April forecast . Continue reading…
Context
The development sits in VINI’s Technology coverage for readers following technology, science, product policy, markets, infrastructure, and the public consequences of innovation. The original report is linked so readers can check the publisher account, follow later updates, and compare new coverage against the first published record. The original item is dated 2026-07-08T13:00:32+00:00.
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Primary source: IMF upgrades UK growth forecast as fears over impact of Iran war diminish via The Guardian. VINI cites and links the source; it does not reproduce the publisher’s full article text without rights clearance.
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- IMF upgrades UK growth forecast as fears over impact of Iran war diminishThe Guardian - 2026-07-08T13:00:32+00:00
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