The IMF have revised their growth expectation for the UK economy - Upwards, from 0.7% to 0.9% for this year.
Not a lot, true, but it is significant and a welcome change from what seemed like endless downwards revisions.
This is in direct contrast to most of the Eurozone and even some emerging market economies where growth has again been revised down.
I said 6 months ago after the 'second dip that never was' that the UK was performing better than the headline figure led us to expect. That was based on underlying business activity and it is now staring to show in the figures.
There are still many challenges that threaten us, the Eurozone in particular but lets not spoil the good news by dwelling on that.
http://www.telegraph.co.uk/finance/economics/10169070/IMF-upgrades-UK-growth-as-its-cuts-rest-of-the-world.html