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“The International Monetary Fund (IMF) warned on Tuesday that while low-income developing countries were dealing with the disproportionate impacts of the Iran war-fuelled energy shock, many had “no choice” but to cut spending or potentially face debt…”

“The IMF has called on countries to offer narrow, targeted subsidies in the wake of the crisis, while also recommending all governments work to rebuild fiscal buffers and address rising debt after years of fighting economic shocks since the pandemic.”

“…d John Healey when the Chancellor joked that predictions of economic gloom were “about as accurate as the predictions of who would be the chancellor”. 12.49pm Chancellor John Healey said he believes the UK will beat its economic forecasts with the action he…”

“However, the Institute on Taxation and Economic Policy (ITEP) think tank has estimated the combined effects of the following, external on US households: - Trump's tax cuts - The expiry of extra government subsidies that had made health insurance cheaper for…”

“When Mr Healey and Andy Burnham took over in Downing Street in July they temporarily removed the 5 per cent VAT rate on electricity bills until March 31 next year to cut payments by around £45 a year.”

“The IMF cut its 2026 growth forecasts across the Gulf and now expects the Middle East and North Africa to be the only region in the world to shrink this year.”