Chancellor Rachel Reeves has vowed to 'defend Britain's interests' as she prepares for talks with American counterpart Scott Bessant during the three-day IMF summit.
On a global basis, growth was lowered from 3.3% to 2.8% for the whole of 2025, with the IMF saying that tariffs were "a major negative shock to growth."
On a global basis, growth was lowered from 3.3% to 2.8% for the whole of 2025, with the IMF saying that tariffs were "a major negative shock to growth."
On a global basis, growth was lowered from 3.3% to 2.8% for the whole of 2025, with the IMF saying that tariffs were "a major negative shock to growth."
In a brutal verdict on Labour's economic record, it said domestic factors had played the 'biggest role' in its decision to downgrade its UK growth forecast.