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IMF Lifts UK Economic Growth Forecast for 2026

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The International Monetary Fund lifted its economic growth projection for the UK for 2026 but warned of downside risks, including a prolonged Middle East war and "domestic uncertainty."

In a statement published Monday, the IMF said it now expects the British economy to grow 1%, up from its 0.8% forecast in April.

Meanwhile, headline inflation in the country is expected to peak at just below 4% at 2026-end on the back of higher energy prices. This is then expected to ease in the second half of 2027 before returning to the Bank of England's 2% target by the end of that year.

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