The Latest Breaking News from Economy

The International Monetary Fund said the UK's economy will grow slower than most other G20 countries.

The International Monetary Fund slightly lowered its outlook for the global economy on Tuesday, while predicting that most countries will avoid a recession this year despite economic worries and geopolitical tension. Concerns over high inflation, rising geopolitical tension and financial stability all hang over the updated forecasts, with the impact…

Small businesses are seeing the already-tough process of getting business loans get even tougher

Fund is more cautious about world economic outlook after turmoil at Silicon Valley Bank and Credit Suisse

The UK’s economy will shrink by 0.3% and grow by 1% next year, the IMF said on Tuesday.

The outlook for the world economy this year has dimmed in the face of chronically high inflation, rising interest rates and uncertainties resulting from the collapse of two big American banks

IMF says euro area and UK – one of only two G7 countries forecast to contract in 2023 – especially hit by energy costs and inflation

The Treasury secretary's glass-half-full outlook isn't shared by IMF chief.

Campaigners say potential energy plan would leave consumers bearing cost of building hydrogen economy