Renewables rollout making UK electricity supply ‘more British’, analysis finds April 21, 2025 The UK’s rollout of wind and solar power over the last decade has made its electricity supply “more British”, with significantly less reliance on imported gas, analysis has found. Last year, just under half of Britain’s electricity supply was powered by foreign energy imports, said researchers at the Energy and Climate Intelligence Unit (ECIU), down [...]
Trump tariffs to drag global growth down by trillions of dollars April 3, 2025 Donald Trump’s tariffs is set to drag the world economy down by trillions of dollars, according to forecasts by leading economists. The International Monetary Fund estimates the current global economy is worth more than $115 trillion and it has been predicted to grow by around three per cent, per various forecasts. But since Trump announced [...]
Former IMF chief and German president Horst Kohler dies at 81 February 1, 2025 Horst Kohler, a former head of the International Monetary Fund (IMF) who became a popular German president, has died aged 81. Kohler, who was head of state from 2004 to 2010, died on Saturday morning in Berlin after a short illness, surrounded by his family, the office of current German President Frank-Walter Steinmeier said in [...]
IMF warns of ‘fragilities’ in booming £1.7 trillion private credit market April 8, 2024 The International Monetary Fund has warned of a "number of fragilities" in the global private credit market, even as the sector continues to soar in popularity.
IMF: China must ‘reinvent itself’ to boost shaky economy March 24, 2024 China needs to take "decisive" steps to fix its struggling housing market and address its rising government debt, the IMF's chief has said.