Category: International Monetary Fund (IMF)

John Healey vows to give ‘breathing space’ to consumers and businesses in first budget

Speaking at IMF annual meeting in Bangkok, chancellor says he will stick to fiscal rules while recognising business and living costsUK politics live – latest updatesBusiness live – latest updatesJohn Healey has promised to use...

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UK economy unexpectedly grows in August despite fall in consumer spending

Latest data showing surprise 0.1% growth is boost to John Healey a fortnight before his first budgetBusiness news – live updatesThe UK economy unexpectedly continued to grow in August despite a fall in consumer spending before...

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Global financial system is failing developing countries, says Ed Miliband

UK foreign secretary will call for World Bank and others to help governments trapped by hefty borrowing costsThe foreign secretary, Ed Miliband, will claim the global financial system is failing developing countries, as he calls...

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IMF upgrades UK growth forecast as fears over impact of Iran war diminish

July update projects GDP growth of 1% this year, making UK the third fastest-growing economy in the G7The International Monetary Fund (IMF) has upgraded its growth forecast for the UK, while leaving those for other G7 countries...

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‘It’s a twilight zone’: Iran war casts deep shadows over IMF gathering in Washington

Rachel Reeves joins global finance chiefs in highlighting how households and businesses are feeling the pain of higher energy pricesMiddle East crisis – live updatesThe most severe energy shock since the 1970s, the risk of a...

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Cuts to overseas aid will worsen shocks to global economy, David Miliband says

Exclusive: Former UK foreign secretary says poor and rich countries alike will be hit amid humanitarian crisis sparked by Iran warCuts to overseas aid by countries including the US and the UK risk stoking global economic...

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Reeves steps up criticism of Trump’s Iran war, branding it a ‘mistake’

UK chancellor tells US audience she is ‘not convinced that this conflict has made the world a safer place’Middle East crisis – live updatesBusiness live – latest updatesRachel Reeves has stepped up her criticism of Donald...

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Reeves hits out at ‘folly’ of US going to war without clear exit plan

Chancellor ‘frustrated and angry’ at decision to attack Iran ‘without being clear what the objectives are’UK politics live – latest updatesMiddle East crisis – live updatesRachel Reeves has hit out at the “folly” of Donald...

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