The government’s ‘Growth Plan’ risks weakening public finances, worsening inequality and leading to the Bank of England aggressively raising interest rates, major international institutions have...
Conservative leadership candidates have spent much of the past two weeks talking about their ideas of tax cuts, but a senior International Monetary Fund official has warned it could be economically...
The UK government could fund its ‘levelling up’ ambitions by raising taxes on high income earners without increasing the national deficit, according to the International Monetary Fund.
The Bank of England must not delay raising interest rates despite the economic risks around the Omicron variant of Covid-19, the International Monetary Fund has said.
Some central banks, including the Bank of England, may need to take additional actions if inflationary pressures persist past the middle of next year, according to the IMF.
Chancellor Rishi Sunak has distanced himself from a post Covid-19 tax raid on higher earners, as he insisted the UK tax system is already “very progressive”.
“Essential” support for companies and workers in the UK must continue if the economy is to recover from Covid-19 and meet the challenges of leaving the EU customs union and single market, the IMF has...
The UK’s public finances are among the weakest in the world after the 2008 financial crash, behind Gambia, Uganda and Kenya, an IMF assessment of assets and liabilities has revealed.
A no-deal Brexit will entail “dire consequences” for the UK economy, which would rapidly start to contract, the International Monetary Fund chief has warned.
The growth of the UK economy in the next two years is expected to trail behind the global average, according to economic forecasters from the International Monetary Fund.
The UK government has scored highly on an international fiscal transparency measure published by the International Monetary Fund, in which it was advised to consider scrapping the Autumn Statement.
The International Monetary Fund has called for the UK’s decision to leave the European Union to be respected and for the exit process to be conducted smoothly.
IMF managing director Christine Lagarde has reiterated her call for Britain to vote to remain in the European Union in this week’s referendum, saying there is “a clear case” for how the UK has...
A UK exit from the European Union could do “severe regional and global damage”, the International Monetary Fund has warned in its latest review of global trends.
The International Monetary Fund has backed Chancellor George Osborne’s economic strategy this morning, but warned that the level of government borrowing remains one of the main risks to the UK’s...
