IMF sounds alarm on UK house prices but changes its tune on austerity Christine Lagarde urges government to rethink Help to Buy and says organisation underestimated UK’s recovery.
Britain will be best performing of largest economies in 2014 IMF predicts International Monetary Fund concedes it was overly pessimistic last spring when it warned chancellor to ease austerity measures.
Governments must not relax credit standards to boost growth IMF warns After PM pledges to bring forward Help to Buy scheme, IMF says short-term benefits must be weighed against lending bubble risk.
International Monetary Fund adds to fears that the Chinese economy is running out of steam, hours before the EC announces whether it will give certain countries more time to lower their borrowing Graeme Wearden
Somehow, in the looking-glass world of Mr Osborne’s Treasury, the IMF’s litany of criticisms counts as relatively good news The IMF on Wednesday told George Osborne that the UK remains a “long way from … recovery”; that “persistent slow growth could permanently damage medium-term growth prospects”; that, six years on from the collapse of Northern […]
After two weeks scrutinising the UK economy, the International Monetary Fund has called on the government to do more to speed up the recovery Graeme Wearden
Bailed out banks attempt to reassure City they will not need to tap investors – or taxpayers – for fresh capital The government needs a “clear strategy” to privatise Lloyds Banking Group and Royal Bank of Scotland, the International Monetary Fund said on Wednesday, as the two bailed-out banks attempted to reassure the City that […]
No 10 says it will not anticipate what IMF will say but insists government has right economic approach Downing Street will launch a staunch defence of the government’s economic strategy and says it will stick to its plans when the International Monetary Fund publishes the findings of its annual survey of the British economy on […]
Fund says disposal of £65bn bank stakes should be priority as Lloyds shares reach level considered as break-even for taxpayer Speculation about a government sell-off of Royal Bank of Scotland and Lloyds Banking Group was escalating on Tuesday night amid reports that the International Monetary Fund is urging the Treasury to accelerate its disposal of […]
Eonomists at the IMF found the Bank of England could sustain losses of anything up to 5.5% of GDP, or almost £80bn, when it sells the government bonds back into the market The Bank of England’s recession-busting policy of quantitative easing could end up costing the Treasury up to £80bn – more than outweighing any […]