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as the official eurovsion handover ceremony takes place today in liverpool. hello and welcome if you re watching in the uk or around the world. the uk economy is due to get smaller this year and do worse than other major nations, including russia that s according to the world s most important international financial organisation, the international monetary fund. it predicts the uk economy will shrink by 0.6% this year. it believes the uk will be the only country among the world s major economies to see its economy get smaller. it says the forecast reflects the uk s high energy prices, high inflation and high interest rates. the us, germany, france, italy and japan are all expected to grow. but there is a note of optimisim the imf believes things will improve in 2024, forecasting the economy will grow by 0.9%. the chancellorjeremy hunt has said that the uk outperformed many forecasts last year and that if we stick to ur plan to halve inflation, the uk is still predicted ....
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