Did anyone read the article or review the information beyond the headline?
This actually proves how dangerous the nasty headlines from the likes of The Mail & The Express are if people believe the spin and not the facts.
From the article:
Fund’s world economic outlook report predicts UK will avoid recession in 2016 but warns of longer-term impact of Brexit vote.
...the economy would eventually suffer from the shock EU referendum result and said expansion next year would be just 1.1% – lower than it expected in the immediate aftermath of the Brexit vote.
Looking further ahead, Obstfeld said the uncertainty about the divorce settlement between Britain and the EU would make businesses more cautious and warned that the fall in sterling – which hit a 31-year low on Tuesday – would hit living standards.
Additionally, if you look at the forecasts 2016 & 2017, we fall from 1st to 5th of the 7 nations. The two who remain below us are Italy & the perpetually recession hit Japan.