Business Secretary Kemi Badenoch has categorically denied that the UK is in talks with the IMF for a financial bailout, calling the speculation 'ridiculous' amidst growing concerns over the nation's debt and welfare spending.
Britain's water regulator, Ofwat, has dealt a crushing blow to Thames Water's recovery plan, rejecting its plea for higher bills and lenient penalties. This decision pushes the debt-laden utility, serving 16 million customers, closer to a potential govern
Chancellor Rachel Reeves confronts an economic firestorm, drawing stark parallels to Denis Healey's 1976 IMF crisis. With soaring borrowing costs and a £22bn budget black hole, the UK faces its gravest fiscal challenge in half a century.
The International Monetary Fund has downgraded the UK's economic growth forecast, warning of stagnation under Labour's policies. Britain risks falling behind G7 rivals as inflation and weak productivity persist.
The International Monetary Fund (IMF) has upgraded its forecast for UK economic growth, signalling a potential turnaround amid global uncertainty. Chancellor Rachel Reeves welcomes the news as a sign of stability.
The International Monetary Fund (IMF) has downgraded the UK's GDP growth forecast, citing geopolitical tensions and sluggish global trade. Shadow Chancellor Rachel Reeves warns of economic challenges ahead.
The International Monetary Fund (IMF) has cautioned Chancellor Rachel Reeves against implementing tax cuts, warning they could undermine NHS funding and the pensions triple lock. Experts weigh in on the economic risks.
Shadow Chancellor Rachel Reeves commits to safeguarding the pension triple lock, despite IMF concerns over its sustainability. Learn how this policy impacts UK retirees.
Shadow Chancellor Rachel Reeves highlights the IMF's call for potential tax increases to safeguard public services, stressing the need for fiscal responsibility amid economic challenges.
Chancellor Rachel Reeves may need to reconsider her fiscal strategy as the IMF highlights risks to UK economic targets, suggesting possible tax increases or spending cuts.