‘UK economy will be one of hardest hit by global trade war’ – IMF
Almost every advanced economy has had its growth forecast downgraded.
Almost every advanced economy has had its growth forecast downgraded.
'Everything has changed now - the UK has more leverage than it did a month ago.'
Trump will be announcing wide-ranging tariffs later on Wednesday.
Parts of Britain are now worse off than the poorest areas of Lithuania and Slovenia.
The chancellor has committed to going 'further and faster'
“Rishi Sunak failed to beat Liz Truss, he failed to cut waiting lists, he failed to stop the boats and now he has failed to grow the economy", Rachel Reeves said.
Gross domestic product contracted by 0.5% in July, according to the Office for National Statistics.
"We're looking at 900 redundancies plus."
Threats to rip up parts of the Northern Ireland Protocol could result in trade tariffs being imposed by the EU - escalating the cost of living crisis.
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