[Osem]

Oh dear:

The International Monetary Fund (IMF) has lifted its economic growth forecast for the UK this year from 0.7% to 0.9%.

Not since April 2012 has the IMF raised its UK forecast. A Treasury spokesman said it showed that the economy was moving from "rescue to recovery".

http://www.bbc.co.uk/news/business-23241500

Meantime:

German exports saw their sharpest fall since 2009 as demand in China eased off and eurozone exports fell by 9.6%.

Germany exports around 40% of its goods to the 16 other countries that use the euro, many of which are in recession.

Overall exports, according the Federal Statistics Office, were 2.4% lower in May, while imports rose by 1.7% as domestic demand remained steady.

http://www.bbc.co.uk/news/business-23225660