Britain the only G7 economy forecast to shrink in 2023
IMF says UK economy is likely to contract 0.6% as rising interest rates and higher taxes take toll
Below is an instruction that describes a task. Write a response that appropriately completes the request.

### Instruction: Britain the only G7 economy forecast to shrink in 2023

### Response: IMF says UK economy is likely to contract 0.6% as rising interest rates and higher taxes take toll