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Officials are facing a humiliating climbdown after claiming Britain would face a recession if the country opted to leave the European Union.
But now the IMF expects the British economy to grow by 1.7 per cent this year and 1.3 per cent in 2017.
The forecast puts the UK’s economy as the second-fastest growing economy in 2016 among the G7 industrialised nations, second only to the US.
The embarrassing backtrack by the financial watchdog comes after a string of anti-Brexit stories prior to the historic referendum last month …. http://www.express.co.uk