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George Osborne's Infrastructure Plans Are A 'win-Win' For Uk, Says Imf

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The head of the International Monetary Fund has given a ringing endorsement to George Osborne’s plans to beef up Britain’s infrastructure, describing it as a “win-win” option to boost growth.

Christine Lagarde said targeted investment in infrastructure would create jobs in the short term and lift future growth prospects.

The Chancellor appointed Lord Adonis this week to lead a newly-created National Infrastructure Commission that will advise the Government on new projects such as Crossrail 2 and a third high-speed rail link in the north of England.

Asked if infrastructure spending formed part of the IMF's “policy upgrades” it believed would boost global growth, Ms Lagarde replied: "Absolutely yes."

It's all win win how marvellous!!!!

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