Head of IMF says risks in private credit market keep her awake at night Kristalina Georgieva urges vigilance over ‘very significant shift of financing’ after collapse of Tricolor and First Brands
UK economy expands as GDP rises by 0.1% in August ahead of crucial budget Manufacturing and health sectors boost growth but ONS revises down figures for July
Americans’ pessimism about the economy cuts across political lines Inflation and a worsening job market are top of mind for many Americans, even among the president’s Maga base
75% of Americans report soaring prices as Trump claims inflation ‘over’ Exclusive poll: Inflation remains a concern despite president’s pledge to reduce prices on ‘day one’
Rachel Reeves should consider welfare cuts in budget, IFS says Thinktank urges chancellor to take ‘bold’ action on benefits and pensions to placate jittery financial markets
French Socialist party to fight for wealth tax as it seeks to capitalise on crisis Party has promised to stand back as weakened prime minister prepares for crucial no-confidence vote
Rachel Reeves says higher taxes on wealthy ‘part of the story’ for November budget Chancellor hints at rises and calls out past ‘scaremongering’ over VAT on private schools and changes to non-doms
English councils to remain poorer than in 2010 despite funding rise, says report Exclusive: Impact of austerity cannot be undone by end of parliament despite above-inflation funding, analysis finds
UK government borrowing costs fall as Reeves hints at tax rises – as it happened Rolling coverage of the latest economic and financial news
Global government debt on course to hit 100% of GDP by 2029, IMF warns Ratio would be highest since aftermath of second world war, with UK among G20 countries forecast to peak above
The Guardian view on the IMF’s warning: Britain’s economy runs hot for profits, cold for pay Editorial: Labour is misreading the economics – leaving it unable to deal with the G7’s worst inflation and flat living standard
UK faces highest inflation in G7 this year and next, IMF warns According to fund’s World Economic Outlook, Britain is on course to average 3.4% this year and 2.5% in 2026
UK economy at risk of ‘bumpy landing’; JP Morgan’s Dimon warns of ‘more cockroaches’ after collapse of First Brands and Tricolor – as it happened Rolling coverage of the latest economic and financial news
US shares risk ‘sharp correction’ but markets seem complacent, IMF warns Government bond markets also under increasing pressure, says Global Financial Stability Report
World economy resilient amid Trump tariffs but outlook looks ‘dim’, says IMF UK and global GDP growth forecasts upgraded for this year but immigration controls could have negative impact