The IMF is not optimistic: it’s cut its 2009 growth forecast for the global economy to 2.2% from the previous estimate of 3%, as this report from the Beeb just about manages to mention at the end. And, more relevantly, in this piece yesterday about the rate cut. But can you guess what nugget of information readers of the Beeb’s reports miss out on?
- The Independent: Britain, in particular, is heading for trouble, the IMF said, predicting that the UK would suffer a more serious recession than any other developed country in the world during 2009.
- The Times: Britain is now forecast to bear the brunt of the global slump, with its GDP plunging by 1.3 per cent in what would be the worst year for the UK since the economy shrank by 1.4 per cent in 1991.
- The Telegraph: Britain’s economy will suffer and will see the steepest decline in G7 club of leading powers, shrinking 1.3pc as the crunch in the City of London leads to more job losses.
Regular readers won’t be surprised, though, because unfortunately this is becoming a bit of a habit at the Beeb.