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International Monetary Fund (IMF) says UK set to be worst-performing G7 economy this year

Chief economist Pierre-Olivier Gourinchas said: "We are entering a perilous phase during which economic growth remains low by historical standards and financial risks have risen, yet inflation has not yet decisively turned the corner".

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The International Monetary Fund (IMF) warns that the world economy is entering a "perilous phase" of low economic growth and high financial risk.
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