The International Monetary Fund (IMF) has revised its previous assertion of a potential recession in the UK this year, raising the country’s growth forecasts for the second consecutive month.
The International Monetary Fund (IMF) has issued a warning that a banking crisis labeled as ‘severe’
According to the latest World Economic Outlook from the International Monetary Fund (IMF), the global economy is now in a precarious position, with the threat of a worldwide recession increasing.
World Economy Is Headed for a Recession in 2023, Say Researchers
According to the Centre for Economics and Business Research, there is a global recession coming in 2023. Higher borrowing costs to combat inflation causes a variety of economies to contract.
UK: Pound falls against every currency in the world after hitting all-time dollar low
After Chancellor Kwasi Kwarteng’s hint at further tax cuts, the pound fell to an all-time low against the USD.
Trader’s Cafe with Zak Mir: Bulletin Board Heroes Special, Sterling Crisis, 25th September 2022
Zak Mir takes a charting look at the Pound against the Dollar and the Euro in the wake of the latest plunge in tax cuts news.
All remaining EU laws to be scrapped or replaced by December 2023
As part of the Chancellor’s bid, the remaining EU laws will be removed by the end of next year. This is to reduce unnecessary costs and unleash growth.
Kwasi Kwarteng’s ‘reckless gamble’ doesn’t add up, warns The Institute for Fiscal Studies
According to the IFS, borrowing will continue to exceed £100bn per year for the remainder of the decade.