In his first Autumn Statement, the new Chancellor of the Exchequer, Philip Hammond, boasted that the UK will be the fastest growing major economy in the world. He added that the Washington-based International Monetary Fund (IMF) stated it (the UK economy) had “confounded commentators at home and abroad with its strength and resilience.” Overall he has pledged to tackle its long-term weaknesses and
create an “economy for everyone.”
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