The International Monetary Fund (IMF) recently upgraded its forecast for global growth to 3.7%, to reflect the return to health of manufacturing in most of the developed world and China. A dramatic rise in global trade pushed factories across the world to their highest output for decades during November. The IMF highlighted Brexit as a possible drag on the prospects for growth, along with high levels of global debt. But with stock markets hitting new highs at the end of the year, the picture remains quite rosy. Brexit-related job moves are expected as banks begin to implement plans to keep doing business once the UK leaves the EU.
Source: The Guardian December 30, 2017 15:56 UTC