Tag: Rachel Reeves

Economy and Trading

UK Economy Shows Modest Growth Amid Budget Challenges

The UK economy expanded 0.1% in August, matching economist forecasts, while showing improvement from July’s revised contraction. Chancellor Rachel Reeves faces mounting pressure as she prepares for a challenging November budget amid significant fiscal constraints.

UK Economy Records Modest Growth in August

The UK economy grew 0.1 per cent in August, matching expectations, according to reports from the Office for National Statistics. The monthly gross domestic product figure aligned with forecasts from economists polled by Reuters and represented an improvement from the revised 0.1 per cent decline recorded in July.

by Darren Holt
Energy PolicyPersonal Finance

IMF Warns on US Debt, Turkey’s Anti-Corruption Drive Raises Concerns

The International Monetary Fund has issued stark warnings about US debt levels while Turkey’s anti-corruption drive raises concerns about ulterior motives. Meanwhile, risky corporate bonds are losing appeal among major investors as economic uncertainty persists.

Global Economic Warnings Intensify as IMF Sounds Alarm on US Debt

The International Monetary Fund has reportedly issued one of its strongest warnings yet about the United States’ growing debt crisis, with analysts suggesting the situation could have worldwide implications. According to reports from the IMF’s fall meetings, the organization expressed serious concerns about the US debt-to-GDP ratio, which they project could reach 143% by the end of the decade, surpassing previous records.

by Darren Holt