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Imf Report On The Uk

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Link to the BBC http://www.bbc.co.uk/news/business-13664104 will we get the big thumbs up, or it finally our turn for the IMF to stick the boot in.

UK asset fire sale time???

Trouble is government spending is not actually being cut...we are still carrying the massive spend on civil servants and bureaucrats. The so called cuts are appearing in labour controlled councils to make the maximum political point.

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It depends on who's writing the report and what figures the IMF is using. The IMF appears to be split into 2 camps, economists who will write critical papers about risks and then you have the other camp who don't do critical thinking and just appear to rubber stamp said govts current policies. These reports come to the same conclusions as that govt as they use the same figures.

So it all depends whether it's the govt cheerleading side or the critical side that's wrote it.

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Link to the BBC http://www.bbc.co.uk/news/business-13664104 will we get the big thumbs up, or it finally our turn for the IMF to stick the boot in.

UK asset fire sale time???

Gov's plans get a "broad endorsement" from the IMF, for now.

If needed, a "Plan B" should be tax-cuts and/or QE. Not Labour's spendings.

Edited by Tired of Waiting

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No fire sale yet then, lot of support, hugs and big love from the IMF

Speaking at the UK Treasury at the invitation of Mr Osborne, the global financial organisation downgraded its UK GDP growth forecast for 2011 from 2% to 1.5%, but maintained its 2.5% estimate for the medium term.
Chancellor George Osborne received a boost today after the International Monetary Fund (IMF) said now was not the time to ease up on his deficit-reducing plans.

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  • 284 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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