All news on the topic: International Monetary Fund

1094
Egypt floats currency and agrees with IMF to increase bailout loan to $8bn
This move is aimed at strengthening an economy that's been hit by a severe shortage of foreign currency and skyrocketing inflation
664
National Insurance cut to new vape charge - Budget 2024 at a glance
The Chancellor Jeremy Hunt announces an NI tax giveaway and non-dom tax U-turn at the Budget in a desperate attempt to turn around the Tories' dire ratings in the polls
459
Hunt casts doubt on big Budget tax cuts despite pressure from panicking Tory MPs
Chancellor Jeremy Hunt made the comments after the International Monetary Fund urged the government not to cut taxes in a bombshell intervention weeks before the Budget
485
Chancellor Jeremy Hunt 'warns Tories he can't make big tax cuts they want'
Chancellor Jeremy Hunt has been dropping hints that he would like to slash taxes in the Budget in March - but he has now issued a warning to top Tories clamouring for tax cuts
734
'Conservative Party's lies exposed by latest UK economic forecast'
The International Monetary Fund's latest forecast shows the state of our country's finances after savage cuts
959
Jeremy Hunt warned not to cut taxes in bombshell intervention before Budget
The International Monetary Fund said cuts now would mean less money for spending on vital services such as the NHS as they downgraded the UK's growth forecast
1138
UK economic growth will be worse than previously thought, says the IMF
The International Monetary Fund (IMF) has downgraded its forecast for UK growth in 2023 by 0.4 percentage points, but said the change is largely due to a revision to official data, rather than a worsening economic situation
595
AI will impact 40% of jobs around the world, warns IMF
The International Monetary Fund (IMF) has warned that artificial intelligence (AI) will impact 40% of jobs around the world, with 60% of roles affected in advanced economies
528
Astronomical cost of Rwanda project released by accident after months of secrecy
Top Home Office official Sir Matthew Rycroft said that 'someone in Rwanda' had told the International Monetary Fund (IMF) of a £100million payment made to the Rwandan government in April
974
UK economy 'heading for recession' as Chancellor faces 'horrible fiscal bind'
The UK economy is in a "horrible fiscal bind" as it heads for recession and with no room to cut taxes or increase public spending amid mounting political pressure on the Chancellor to do so, according to a report
511
Jeremy Hunt: 'Current numbers worse than what I faced in spring'
The Chancellor said it is a "very challenging environment" in the short term, but stressed he has "a great deal of confidence" in the longer-term outlook for the British economy
534
UK's outlook better than last year, says Bank of England Governor
The Governor of the Bank of England has said he is the only person in the IMF who can point to things being better now, amid the Bank's rate decision last month
767
UK economy grows slightly in August with GDP up 0.2%
The UK's economy grew slightly recently, with the services sector leading the way, the Office for National Statistics has said
582
UK set to record weakest economic growth in G7 as IMF forecasts 0.6% growth
Britain is forecast to record the poorest economic growth across the G7 group of economies next year, according to the International Monetary Fund
547
Liz Truss takes swipe at Joe Biden as she defends failed tax-slashing plans
Britain's shortest-serving Prime Minister was accused of having 'zero shame' as she blamed the 'co-ordinated resistance' during her disastrous time in No10
1040
'The time for excuses from Rishi Sunak and the Tories is over'
No amount of propaganda from can hide the dismal failure of 13 years of Tory misrule when plummeting living standards are the result of their catastrophic mistakes
826
UK will be worst performing G7 nation this year as economy shrinks, experts say
The International Monetary Fund thinks UK plc will shrink 0.3%, and the only other advanced economy in the G7 group expected to decline is Germany’s, by 0.1%
715
Interest rates 'likely to fall to pre-Covid levels' in good news for homeowners
In a new glimmer of hope, the International Monetary Fund (IMF) this week said interest rates in major economies are expected to fall back to pre-pandemic levels
1085
Jeremy Hunt 'planning to tell GPs not to sign people off long-sick in Budget'
The Chancellor is said to be looking into ways of driving down the number of people signed off sick - but it has sparked concerns that people could be forced into work when they're not well enough
1000
Brexit geniuses stay silent as we lose out by £100bn per year
Brian Reade marks the third anniversary of leaving the EU by lamenting the huge cost the country has suffered as a result
827
UK economy to go backwards in 2023 with worst performance of all major nations
The UK is set to see its economy contract 0.6% this year according to the International Monetary Fund which will be the worst performance of all the advanced nations
1106
Britain faces the worst recession among G7 partners, economists predict
A bleak survey of over 100 leading UK-based economists suggests high inflation could linger for longer than other countries as Brits face a huge squeeze in household incomes