Of the G7 advanced economies only the United States and Canada would grow faster than Britain in the next two years

Britain’s economy will grow faster than those of other major European countries this year as chief executives regard it as an increasingly attractive place to invest, two studies have found.

Amid growing optimism over Britain’s economic outlook, the International Monetary Fund said that it would outperform the eurozone this year and next.

Assuming there is an orderly Brexit at the end of the month, and a gradual transition to a new relationship with the bloc, growth would accelerate from 1.3 per cent last year to 1.4 per cent this year and 1.5 per cent in 2021, it said.

Of the G7 advanced economies only the United States and Canada would grow faster in the next two years, and Germany, France, Italy and Japan struggle to