The global economic system under which most countries have operated for the last 80 years is being reset, ushering the world into a new era. Existing rules are challenged while new ones are yet to ...

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UK Government borrowing exceeds forecast as tariffs to weigh on public purse

The latest figures from the Office for National Statistics show public sector net borrowing rose to £151.9 billion in the year to the end of March.

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Rachel Reeves warned she can’t blame Trump as IMF slashes UK growth forecast

The United States is understood to be drawing up terms for trade talks with the United Kingdom, including a cut to the UK's 10% automotive tariff.

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Rachel Reeves warned she can't just blame Donald Trump's tariffs for faltering economy as IMF slashes its growth forecast for Britain

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.

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IMF: Trump tariffs are crashing world economy, with US worst off

The multilateral lender thinks the U.S. will be hurt more than either Europe or China by Donald Trump’s tariff blitz.

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