IMF cuts UK’s growth forecast by more than any other G7 nation
Fund says British economy faces heavy blow from global energy crisis this year
Fund says British economy faces heavy blow from global energy crisis this year

Reassessing taxes and spending every six months introduces excessive policy uncertainty

A huge pessimistic bias in our national accounts leads us to doom and gloom which turns out to be nonsense

Our economy remains highly fossil fuel-dependent partly because we are not electrifying in the desired way

It is not the story that the chancellor would like to tell you

Reductions in energy levies come despite IMF warning against ‘untargeted’ support

Higher than expected £14.3bn figure comes as Middle East turmoil raises inflation forecasts