The IMF is independent and world leading: it has just upgraded its growth forecasts for the UK by more than any other major economy. IMF expects the UK to do better than all other Western European countries - and significantly better than France, Germany and Belgium and way better than Portugal, Ireland, Spain, Italy, Greece etc
Obviously this doesn’t mean that everything is sorted but progression of travel and momentum are key.
Even Ed Balls said that "its good that we .... have growth". I look forward to the changed hand gestures tomorrow at PMQs....
George Osborne said today:
‘I think the overwhelming majority of people now realise Britain was right to tackle its debts, right to hold its nerve and stick with the economic plan – we can see jobs being created in our economy, but, of course, we’ve still got a long way to go.’
Ed Balls has been a prophet of doom but his predictions do not hold true.
