Three things we’ve learnt about the UK economy from the IMF

While the UK has handled the economic fallout from the Iran war better than expected so far, it says this will change next year as high energy prices and elevated interest rates affect how much people spend in shops and how much companies are willing to invest.

The UK is weathering the Iran war better than expected The global economy has been rocked by the US-Israel war with Iran.

Meanwhile, the IMF's growth forecasts for the UK mean it is expected to have the second-fastest-growing economy in the G7 this year, along with Germany.