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IMF Lowers China 2024 Growth Forecast
IMF raises UK growth forecast, warns on debt as finance minister readies budget
The International Monetary Fund on Tuesday raised its forecast for British economic growth this year but said the country could not take its eye off rising public debt, as finance minister Rachel Reeves prepares her first annual budget.
IMF upgrades UK growth forecast ahead of budget
The revised 2024 forecast puts the U.K. ahead of Germany, Italy and Japan, and equal with France. But it comes after tricky borrowing data for Britain’s new chancellor.
UK economic forecast boosted by IMF
A bump in economic growth will be welcome for Chancellor Rachel Reeves as she prepares for the budget next week and has placed herself in a tough fiscal position.
UK gilt yields rise
Reeves backed to rip up debt rules as IMF says investment is ‘badly needed’
Critics warn such changes will result in greater borrowing and mounting national debt. The Treasury is anxious to avoid a repeat of the chaos that engulfed bond markets in 2022 when former Prime Minister Liz Truss committed to massive, unfunded tax cuts.
Reeves Says UK Fiscal Rule Change Will Increase Investment
UK Chancellor of the Exchequer Rachel Reeves confirmed that she would make tweaks to her fiscal rules to allow more borrowing for investment, as the new Labour administration seeks to boost economic growth.
UK gilt yields rise after report on change to fiscal rule
Yields on British government bonds climbed on Thursday after a newspaper said finance minister Rachel Reeves was set to give herself a lot more room for borrowing in next week's budget, which could slow the Bank of England's interest rate cuts.
14h
on MSN
Global economy faces ‘anxious times’, warns IMF; UK business growth hits 11-month low – business live
People don’t feel good about economic prospects, admits IMF chief Kristalina Georgieva. Bank of England's Mann: fall in ...
2d
IMF Boosts UK Growth Second Most in G-7, But Warns on Debt
The IMF boosted its growth expectations for the UK by the most in the Group of Seven after the US, affirming a positive ...
Reuters on MSN
1d
IMF fiscal chief says UK needs to bring debt under control, welcomes fiscal rules debate
Gaspar, speaking at a
news
conference, did not offer a view on potential changes to budget rules that could allow
UK
...
The Thaiger
16h
IMF warns UK debt at risk, urges immediate investment
Discover the importance of investment in new technologies and the energy transition to stimulate growth and prevent ...
2d
IMF upgrades UK economic growth in 2024 amid global political uncertainty
The International Monetary Fund said in its latest World Economic Outlook report that the newly elected governments 'could ...
1d
UK Public Investment Is Badly Needed, IMF Official Gaspar Says
The UK needs to ramp up investment to fix its weak economic growth, according to International Monetary Fund official Vitor ...
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