IMF chief: News from UK 'pretty much all good'

The head of the IMF has given a ringing endorsement of the UK's recent economic progress, saying the news has been "pretty much all good".

At the same time, Christine Lagarde warned of "risks looming on the horizon" from weak productivity and an overheating housing market.

Read: IMF: UK doing well but 'no room for complacency'

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IMF: UK doing well but 'no room for complacency'

The head of the International Monetary Fund - Christine Lagarde - has welcomed the UK's economic progress over the last year but warned of major risks that remain.