The IMF's New World Economic Outlook Projections

The IMF revised its economic forecast for the UK's growth projections up ever so slightly from a contraction that they predicted of 0.6% this year to a contraction now of 0.3%. So not great news Lucy but you know in theory I guess moving in the right direction. Of course many will point to the forecast that are taking place much closer to home from the office or budget responsibility the Bank of England which no longer thinks the UK will enter a session this year. Fraser Nelson: We're nowhere near using our human potential because our diswelford system remains dysfunctional with reform coming nowhere near fast enough.