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International Monetary Fund

  • Bank of England’s Breeden warns Iran war could set off bond and private credit crisis

    Markets

    The energy crisis set off by Donald Trump’s war in Iran has made a financial crash more likely, according to the Bank of England’s financial stability chief, who warned that private credit, sky-high sovereign debt and stock market exuberance posed salient threats to the global economy. Sarah Breeden, the central bank’s deputy governor for financial [...]

    The Bank of England's Breeden argued the recent inflation bump was transitory (Photo by Chris Ratcliffe/Bloomberg via Getty Images)
  • Barclays most ‘hurt’ bank to UK economy downgrades

    Banking

    Barclays has been branded the bank most set to be “hurt” by the downgrades slapped on the UK economy following the turmoil caused by the war in the Middle East. The bank’s macroeconomic forecasts hold the most optimistic assumptions when compared to its FTSE 100 peers. This leaves the lender with a less of a [...]

    Barclays stock has hit a ten-year high (Photo by Oli Scarff/Getty Images)
  • IMF slaps UK with biggest growth downgrade of any G7 country 

    Economics

    The UK economy has suffered the biggest growth forecast downgrade of any country in the G7 in the International Monetary Fund’s spring economic outlook report, dealing a blow to Chancellor Rachel Reeves as she struggles to overcome setbacks sparked by the Iran war. Growth this year was revised down by 0.5 percentage points as trade [...]

    Rachel Reeves discussing economic strategies amid forecasts of low growth for the year at a business conference podium.
  • Fuel shortages, hunger, inflation spiral: IMF fears ‘scarring’ harm from Iran war

    April 9, 2026

    Several fuel shortages, hunger and spiralling inflation will be some of the consequences of the Iran war as the head of the International Monetary Fund said that it would leave “scarring effects” on the global economy.  In a speech by Kristalina Georgieva, the IMF’s managing director, global policymakers were warned that trade disruption across the [...]

  • Fish and chip shops under threat as Iran war spikes energy prices

    March 6, 2026

    Britain’s beloved fish and chip shops could go under as they brace for the boom in energy and import costs caused by the Iran war, an industry leader has warned.  Andrew Crook, president of the National Federation of Fish Friers (NFFF), told City AM chippie owners across the country are expecting the conflict to add [...]

  • Global trade resilient but uncertainty persists, IMF director warns

    December 8, 2025

    Trade is expected to stabilise over 2026 but global uncertainty may potentially impact economies by up to two per cent of their GDP, an International Monetary Fund (IMF) director has warned. Jihad Azour, who oversees the MENA, North Africa, Central Asia, and the Caucasus Region, said 2025 was a year “of two cities,” with shocks [...]

  • IMF sounds alarm on soaring sovereign debt

    October 15, 2025

    The International Monetary Fund (IMF) has urged governments to bear down on profligate spending after it found government debt was on course to reach 100 per cent of global GDP within the next five years. In its latest Fiscal Monitor report, the world’s preeminent financial institution sounded the alarm on developed and developing nations’ over-reliance [...]

  • IMF downgrades UK growth and warns inflation will be highest in G7

    October 14, 2025

    Inflation in the UK is set to surge above all G7 countries in the next two years while growth per capita will lag behind the average across advanced economies, the International Monetary Fund (IMF) has predicted.  In its World Economic Outlook report, the IMF has said that inflation in the UK will remain higher than [...]

  • IMF annual meeting is high-stakes for the UK economy

    October 13, 2025

    Amid global uncertainty, the UK economy needs a vote of confidence from the IMF at its annual meeting this week, writes Chris Hayward.

  • eBay launches £3m AI programme for UK SMEs

    October 1, 2025

    E-commerce giant eBay has unveiled a major initiative aimed at helping UK small businesses harness the power of AI and compete with larger enterprises. The company’s new programme, ‘AI activate’, is a £3m investment that will provide up to 10,000 small enterprises with fully funded access to OpenAI-powered tools and tailored training to boost productivity [...]

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