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flag IMF forecasts UK's 2025 growth at 1.6%, marking it the fastest-growing major Euro economy.

flag The IMF has upgraded the UK's economic growth forecast for 2025 to 1.6%, up from the previous 1.5% estimate. flag This improvement is attributed to increased public spending, higher real incomes, and the Bank of England's interest rate cuts. flag The UK is projected to be the fastest-growing major European economy over the next two years, outpacing Germany, France, and Italy. flag However, it will still lag behind the US and Canada. flag Chancellor Rachel Reeves sees this as a boost for her economic policies.

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