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IMF says UK's recovery plans are 'optimistic'
Published: 05/01/2009 |
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The International Monetary Fund (IMF) has cast doubt on predictions the UK will come out of recession in 2009, it has been reported. Gordon Brown had admitted the recession would last longer than he previously expected and would be influenced by decisions made in other countries. Despite this, IMF director Barry Potter discounted the possibility of a quick recovery. He said the recession would pose "a particularly sharp problem for the UK government to handle in the next year or so". UK's political parties remain at logger heads over how best to deal with the current financial crisis. Tory party leader David Cameron told the BBC's Radio 4 programme of his frustration with the prime minister's financial policies. "Look, what don't you get - it's a credit crunch, that's what needs to be addressed," he said. "I feel like shaking the prime minister sometimes," he continued.  |
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