Britain will be fastest growing G7 economy this year, says IMF

Fund's world economic outlook report predicts UK will avoid recession in 2016 but warns of longer-term impact of Brexit vote Related: IMF left shamefaced after peak pessimism over Brexit vote The International Monetary Fund has predicted the UK will be the fastest growing of the G7 leading industrial countries this year and accepted that its prediction of a post-Brexit-vote financial crash has proved overly pessimistic.