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in the uk are at an all time high as country. its lowest ever now we have the round up of the business news and one of those headline stories you are concentrating on. welcome to the programme. yes, on course for stronger than expected recovery. that is the assessment from the international monetary fund on the state of the global economy in its latest world economic outlook update. the imf predicts that global growth of 3.1% this year and slightly higher growth in 2025. it also says that inflation is declining faster than expected because many supply chain problems caused by the pandemic have now been resolved. the imf has, however, issued a warning to the uk government not to cut taxes any further and suggested that treasury percent planned spending cuts for this year were unrealistic. earlier i spoke to the imf s chief economist and i asked him what his concerns were over the uk cutting those taxes. ~ , ., taxes. well, first, for the uk, we are seeing taxes. well, ....
Pandemic, there is hope that it is going to improve but we are - pandemic, there is hope that it is going to improve but we are not. going to improve but we are not sure, going to improve but we are not sure. so going to improve but we are not sure, so sustaining going to improve but we are not sure, so sustaining the - going to improve but we are not sure, so sustaining the supportl going to improve but we are not - sure, so sustaining the support that has been sure, so sustaining the support that has been in sure, so sustaining the support that has been in place. sure, so sustaining the support that has been in place. secondly- sure, so sustaining the support that has been in place. secondly is- has been in place. secondly is around has been in place. secondly is around the has been in place. secondly is around the infra has been in place. secondly is around the infra structure i has been in place. secondly is| around the infra structure we has been in place. seco ....