UK economy will be among hardest hit by global trade war, IMF warns

UK must take impact of trade wars ‘very seriously’, says Bank governor

Andrew Bailey said the central bank is currently ‘working through’ the implications of US President Donald Trump’s tariff plans. The Governor of the Bank of England has said the UK must take the risk that trade wars will hit global economic growth “very seriously”. Andrew Bailey told an Institute of International Finance event in Washington that the central bank is currently “working through” the implications of US President Donald Trump’s tarif…

Three more UK interest rate cuts this year, predicts IMF

But the IMF also sees UK inflation going up as bills rise, while economies will be hit by Trump tariffs.

Reeves cannot blame Trump for Britain’s downturn, warns IMF

Chancellor to meet US officials in Washington as growth forecasts slashed

'UK economy will be one of hardest hit by global trade war'

The UK's economy is set to be among the hardest hit in the global trade war, the International Monetary Fund (IMF) has said.

IMF chops UK growth forecast as Trump tariffs hit global economy

Britain's economic growth forecast for 2025 was cut by more than for other major European economies by the International Monetary Fund on Tuesday as the country braces for the global fallout from U.S. President Donald Trump's trade tariffs.

UK growth forecast slashed by a THIRD as IMF warns 'unprecedented uncertainty' to hurt Britain's economy

The UK economy's gross domestic product (GDP) growth forecast has been slashed amid ongoing market turmoil in the International Monetary Fund's latest forecast.This comes as blow to Prime Minister Keir Starmer and Chancellor Rachel Reeves, who have made economic growth a cornerstone of the Labour Government's mission statement.GDP growth is expected to jump by 1.1 per cent in 2025 compared to earlier projections of 1.6 per cent in the wake of Pr…