The Latest Breaking News from G7

Money Saving Expert founder has shared his advice after Bank of England hiked rates to 4%

Ukraine's Volodymyr Zelensky said the situation on the front lines in the east of the country was getting tougher, with Russia throwing more and more troops into battle, hours after the two sides agreed to exchange dozens of prisoners of war. Earlier on Saturday, Ukrainian officials said a serious accident…

Paul Johnson responds to IMF warning that UK will be weakest major G7 economy this year

THE UK economy is set to shrink and perform worse than other major industrialised economies, including Russia, as the cost of living continues to…

Britain is the only G7 economy forecast to shrink in 2023, the IMF says, as higher energy prices, rising mortgage costs and increased taxes hit growth.

IMF predicts UK economy will contract by 0.6% in 2023 as Britain looks set to suffer more than most from soaring inflation

The IMF has predicted UK output to shrink by 0.6% this year

The forecast leaves the UK economy languishing behind sanctions-hit Russia

IMF says UK economy is likely to contract 0.6% as rising interest rates and higher taxes take toll