Articles

  • 2 weeks ago | news.sky.com | Gurpreet Narwan

    First he took the US on a collision course with China. Then he came for the rest of the world. He crashed into the financial markets and now Donald Trump has been gently tapping on the brakes all week. The world's economic policymakers have been on quite the journey over the past few months. Many of them will have felt a little queasy as they got off the plane in Washington DC for the International Monetary Fund's (IMF) annual spring meetings. This was their opportunity to talk.

  • 3 weeks ago | news.sky.com | Gurpreet Narwan

    Britain will not lower its standards or water down regulation in exchange for a trade deal with the US, the chancellor has confirmed. Rachel Reeves was speaking ahead of a pivotal meeting with her American counterpart in Washington DC. In an interview with Sky News, Ms Reeves said she was "confident" that a deal would be reached but said she had red lines on food and car standards, adding that changes to online safety were "non-negotiable for the British government".

  • 3 weeks ago | news.sky.com | Gurpreet Narwan

    Britain's economy will be among the hardest hit by the global trade war and inflation is set to climb, the International Monetary Fund (IMF) has warned – as it slashed its UK growth forecast by a third. In a sobering set of projections, the Washington-based organisation said it was grappling with "extremely high levels of policy uncertainty" - and the global economy would slow even if countries manage to negotiate a permanent reduction in tariffs from the US.

  • 3 weeks ago | news.sky.com | Gurpreet Narwan

    There will be much to chew over at the International Monetary Fund's (IMF) spring meetings this week. Central bankers and finance ministers will descend on Washington for its latest bi-annual gathering, a place where politicians and academics converge, all of them trying to make sense of what's going on in the global economy. Everything and nothing has changed since they last met in October. One man continues to dominate the agenda.

  • 1 month ago | news.sky.com | Gurpreet Narwan

    We've been waiting for a while for the Office for National Statistics to deliver us some good news on the British economy - and today it came. Output grew by 0.5% in February, up from zero growth in January and higher than the 0.1% forecast by economists. Some usual caveats apply. Monthly data can be volatile and prone to revision - but it can go up as well as down. While publishing the latest figures, the ONS also revised up its January figure from -0.1% to zero.

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