The IMF has forecast that the UK will have the joint-third fastest GDP growth among the G7 in both 2019 and 2020, showing that our balanced approach to the economy is working.
Key facts:
· The UK will be the joint-third fastest growing economy in the G7 in both 2019 and 2020. This is equal with France in 2019 and equal with France and Germany in 2020.
· This is because since 2010 we have backed businesses to create more growth and jobs by cutting taxes.
Why this matters: High economic growth means we have more money to invest in public services like our NHS. Labour’s tax rises on business would mean less investment in the UK, putting this progress at risk.
