Category: International Monetary Fund (IMF)

‘There will be consequences’: budget may mean smaller pay rises, says Reeves

Increase in employers’ national insurance contributions will affect businesses but is projected to raise £25bn Politics live – latest updatesThe budget is likely to mean smaller pay rises for workers because of...

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IMF warns Trump trade tariffs could dent global economy

New report upgrades outlook for UK economy with growth now forecast at 1.1% rather than 0.7%While the IMF is upbeat about global growth it knows where dangers lurkThe International Monetary Fund has warned the trade tariffs...

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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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