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...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Budget speculation causing retirement confidence to drop, industry believes

Budget speculation causing retirement confidence to drop, industry believes

PP survey finds 86% of industry says speculation is damaging members’ retirement confidence

Martin Richmond
clock 25 November 2025 • 2 min read
Buzz: Would pre-97 rule changes lead to challenges for schemes?

Buzz: Would pre-97 rule changes lead to challenges for schemes?

Pre-97 indexation rules, trustee reliance on administrators and BPA volumes

Professional Pensions
clock 24 November 2025 • 1 min read
Independent Governance Group buys KGC Associates

Independent Governance Group buys KGC Associates

Entire KGC team to remain with the business, which will operate as an independent brand

Jonathan Stapleton
clock 24 November 2025 • 3 min read
Trustpilot