Category: International Monetary Fund (IMF)

Starmer says Labour would level up workers’ rights in way not attempted for decades – UK politics live

Labour leader tells conference that reforms ‘may not please everyone in room’The UK needs a government guided by clear purpose, Reeves says.Labour has set out five missions. But they are all tied to the economic...

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Business welcomes Labour’s pledge to cap corporation tax – UK politics live

Shadow chancellor Rachel Reeves tells business leaders Labour will give them certainty if it wins the next electionThe UK needs a government guided by clear purpose, Reeves says.Labour has set out five missions. But they are all...

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Labour will not raise corporation tax above 25% if it wins election, says Rachel Reeves – UK politics live

Shadow chancellor tells business leaders Labour will give them certainty if it wins the next electionThe UK needs a government guided by clear purpose, Reeves says.Labour has set out five missions. But they are all tied to the...

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Jeremy Hunt plays down talk of spring budget tax cut after IMF warning

Chancellor says less room now for giveaway in March despite being widely thought to be gearing up for cutsThe chancellor, Jeremy Hunt, has said there will be less room for tax cuts in the spring budget next month, just days...

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UK needs to rebuild global development reputation, admits Andrew Mitchell

Development minister’s comments at World Bank summit in Marrakech acknowledge effect of aid budget cutsBritain has to rebuild its reputation as a global leader in providing assistance to poor countries after the damage...

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Why the UK economy is shrinking fast

Factors behind IMF analysis finding Britain unique among G7 countries to be expecting reduction this yearThe International Monetary Fund has warned that Britain is expected to be the only large industrialised country to see its...

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Britain the only G7 economy forecast to shrink in 2023

IMF says UK economy is likely to contract 0.6% as rising interest rates and higher taxes take tollBritain is expected to be the only major industrialised country to see its economy shrink this year after the impact of Liz...

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