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IMF Criticises UK Policy, Bank of England to Make Big Response

IMF Criticises UK Policy, Bank of England to Make Big Response
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IMF criticises UK policy, Bank of England to make big response

Pressure piled on new finance minister Kwasi Kwarteng to reassess his policy, which unleashed turmoil in financial markets as Prime Minister Liz Truss came into office saying she wanted to snap the economy out of years of stagnant growth with deep tax cuts and deregulation. ....

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IMF and Moody's censure UK policy that sparked market turmoil

IMF and Moody's ramped up pressure on Britain to reverse a new economic strategy that was roiling financial markets ....

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IMF and Moody's censure UK policy that sparked market turmoil - News

IMF does ‘not recommend’ policies like UK growth plan; Moody’s says economic plan is ‘growth negative’; Pound trading down 0.5% to $1.0681; Bond strategists warn mar. ....

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IMF urges UK to 're-evaluate' tax cuts in attack on fiscal plan

The multilateral lender said the new Liz Truss government’s plan would likely increase inequality, and questioned the wisdom of enacting such policies. ....

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