IMF urges UK government to re-evaluate Mini Budget

Recommends against plan put forward by chancellor Kwasi Kwarteng

Elliot Gulliver-Needham
clock • 1 min read
IMF urges UK government to re-evaluate Mini Budget

The International Monetary Fund has warned that the UK’s Mini Budget could have serious negative economic consequences, and is recommending against its implementation.

In a statement yesterday (27 September), the global financial institutional said that due to "elevated inflation pressures", it did not recommend "large and untargeted fiscal packages at this junct...

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