Rachel Reeves has praised the latest growth forecasts from the International Monetary Fund, stating that the UK is set to become the fastest-growing major European economy over the next two years, with GDP expected to rise by 1.6 per cent in 2025. The IMF report also indicates that inflation has eased slightly, providing some relief for the chancellor amidst concerns over potential stagflation. While growth forecasts have been upgraded for the UK, weaker growth was reported last year, with GDP growing by just 0.9 per cent, leading to calls for the chancellor to resign due to ongoing financial concerns.
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Leading contenders make their final appeals to German voters before a landmark election
In Germany's election, opposition leader Friedrich Merz vows to revive the economy and defend Europe's interests, while Chancellor Olaf Scholz hopes for a comeback. The campaign focuses on the economy and migration, with polls showing Merz's Union bloc leading over the far-right Alternative for Germany. Merz promises a strong voice for Germany in the EU, aiming to end the country's three years in opposition and make a comeback. Full Article
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