IMF remains gloomy on Brexit as UK heads for snap election

Supply shock could still impact UK economy, IMF chief economist warns

Theresa May
Theresa May had initially ruled out a snap election

The International Monetary Fund maintained its warning on the UK’s post-Brexit future today (April 18), as the UK government called a snap election designed to smooth the path to leaving the European Union.

In a surprise announcement this morning, UK prime minister Theresa May revealed plans for a general election, to be held on June 8. May said she was seeking a mandate to carry through Brexit – at present, her party has only a slender majority in parliament.

“I have only recently and

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