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IMF details risks to UK growth

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Comments

  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    Wookster wrote: »
    I haven't read the report but I'd have to say the biggest risks come from abroad now rather than within. A slow down in the States or an implosion in Europe would certainly cause shock-waves here, though ironically, the UK seems to have established itself as a safe haven. Who'd have thought eh?

    It was a medium-term risky country which now has a Government that seems to be trying to take substantive measures to tackle debt. Also, it has a population that is also take substantive measures to tackle their individual debts.

    The problem of unfunded liabilities remains. That won't be an immediate problem for a while anyway.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Wookster wrote: »
    I haven't read the report but I'd have to say the biggest risks come from abroad now rather than within. A slow down in the States or an implosion in Europe would certainly cause shock-waves here, though ironically, the UK seems to have established itself as a safe haven. Who'd have thought eh?

    I think if you look back a couple of years you will see many predictions for the demise of the Euro on this very forum, the only surprise being how strong it is still.
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
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