What the International Monetary Fund said as a warning to Kwasi Kwarteng after tax cuts

independent.co.uk/news/uk/politics/truss-kwarteng-mini-budget-conservative-hoare-b2177199.html

Sep 28 22

Truss mini-budget blasted as ‘inept madness’ by senior Tory: MP compares chaos following Kwasi Kwarteng tax giveaway to Black Wednesday

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economist.com/by-invitation/2022/09/28/the-stupidity-of-kwasi-kwartengs-policies-means-markets-expect-their-reversal

Sep 28 22

The stupidity of Kwasi Kwarteng’s policies means markets expect their reversal: Tony Yates, a former strategist at the Bank of England, explains why

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economist.com/britain/2022/09/27/the-fallout-from-kwasi-kwartengs-mini-budget-continues

Sep 28 22

Britain’s chancellor doubtless expected praise for his fiscal statement. Instead, he was greeted by record lows for the pound and blunt criticism from the IMF

The fallout from Kwasi Kwarteng’s mini-budget continues: Neither the chancellor nor the prime minister seems particularly to care

More news on this subject

The Guardian

theguardian.com/business/2022/sep/28/bank-of-england-launches-emergency-intervention-in-markets-after-kwarteng-mini-budget

Sep 28 22

Bank launches emergency intervention in markets after Kwarteng mini-budget: Bank of England takes urgent steps to buy long-dated UK government bonds

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The Independent

independent.co.uk/news/uk/politics/truss-kwarteng-mini-budget-conservative-hoare-b2177199.html

Sep 28 22

Truss mini-budget blasted as ‘inept madness’ by senior Tory: MP compares chaos following Kwasi Kwarteng tax giveaway to Black Wednesday

176

329

economist.com/by-invitation/2022/09/28/the-stupidity-of-kwasi-kwartengs-policies-means-markets-expect-their-reversal

Sep 28 22

The stupidity of Kwasi Kwarteng’s policies means markets expect their reversal: Tony Yates, a former strategist at the Bank of England, explains why

2 7

economist.com/britain/2022/09/27/the-fallout-from-kwasi-kwartengs-mini-budget-continues

Sep 28 22

Britain’s chancellor doubtless expected praise for his fiscal statement. Instead, he was greeted by record lows for the pound and blunt criticism from the IMF

The fallout from Kwasi Kwarteng’s mini-budget continues: Neither the chancellor nor the prime minister seems particularly to care

Insider (news website)

markets.businessinsider.com/news/currencies/uk-tax-cut-plan-british-pound-imf-inflation-inequality-kwarteng-2022-9

Sep 28 22

British pound falls after IMF rebukes UK over $48 billion tax-cut plan: "Given elevated inflation pressures in many countries, including the UK ...

reuters.com/world/uk/imf-says-uk-fiscal-measures-will-likely-increase-inequality-urges-rethink-2022-09-27/

Sep 27 22

IMF says UK fiscal measures will 'likely increase inequality,' urges rethink: The International Monetary Fund on Tuesday took aim at new British financial plans ...

13 11

Metro (British newspaper)

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Sep 28 22

Mortgages: Bills expected to jump by thousands if interest rate rise: Financial turmoil has seen expectations grow that interest rates could rise to 6% - ...

metro.co.uk/2022/09/28/mortgages-bills-expected-to-jump-by-thousands-if-interest-rate-rise-17464517/

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reuters.com/breakingviews/behind-britains-self-inflicted-financial-crisis-podcast-2022-09-28/

Sep 28 22

Behind Britain’s self-inflicted financial crisis: podcast: Sterling fell to a record low and gilt yields soared after finance minister Kwasi Kwarteng unveiled a ...

9 9

reuters.com/world/uk/imf-moodys-censure-uk-policy-bank-england-says-will-act-big-2022-09-28/

Sep 28 22

Bank of England moves to calm bond market rout after tax cut storm: The Bank of England sought to quell the fire-storm in Britain's bond markets ...

13 12

Insider (news website)

markets.businessinsider.com/news/currencies/british-pound-outlook-fall-further-us-dollar-parity-crispin-odey-2022-9

Sep 27 22

British pound may fall further and reach parity with dollar: Odey: "I don't think you can start getting bullish on sterling," the founder of Odey Asset ...

reuters.com/markets/europe/yellen-says-monitoring-uk-developments-after-pound-plummets-ft-2022-09-28/

Sep 28 22

Yellen says 'monitoring' UK developments after pound plummets - FT: U.S. Treasury Secretary Janet Yellen said on Tuesday the United States was monitoring ...

Al Jazeera

aljazeera.com/economy/2022/9/27/57

Sep 27 22

IMF warns UK its budget cuts will ‘likely increase inequality’: The IMF urged UK to consider providing more targeted support to families and businesses instead ...

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ITVX

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Sep 28 22

Record number of mortgages taken off sale as lenders respond to chancellor's mini budget

itv.com/news/2022-09-28/record-number-of-mortgages-taken-off-sale-in-response-to-chancellors-tax-cuts

WION

wionews.com/world/uk-treasury-justifies-latest-economic-measures-after-sharp-criticism-from-imf-520494

Sep 28 22

UK Treasury justifies latest economic measures after sharp criticism from IMF: The government has said that the reason behind the increase in the gas and ...

inews.co.uk

inews.co.uk/news/imf-statement-warning-kwarteng-tax-cuts-1881960

Sep 28 22

What the International Monetary Fund has said in warning to Kwasi Kwarteng following tax cuts

reuters.com/world/uk/uks-finance-minister-will-ask-financiers-not-bet-against-pound-sky-news-2022-09-28/

Sep 28 22

UK source dismisses report Kwarteng will ask banks not to bet against sterling: A source at Britain's finance ministry dismissed a Sky News report that finance ...

6 28

WION

wionews.com/world/liz-truss-and-kwasi-kwarteng-argue-over-response-on-uk-economic-crisis-report-520396

Sep 28 22

Liz Truss and Kwasi Kwarteng argue over response to UK economic crisis: Report: Downing Street has completely dismissed the reports by calling them “nonsense” ...

Financial Times

ft.com/content/06962055-6b3d-4712-814f-acea3cb9e082

Sep 27 22

IMF urges UK to ‘re-evaluate’ tax cuts in biting attack on fiscal plan: Multilateral lender warns ‘untargeted’ fiscal package risks stoking inflation

Paid articlePaid

Metro (British newspaper)

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Sep 27 22

Bank of England hints at 'significant' response to mini-budget: The Bank’s chief economist said: ‘We must be confident in the stability of the UK’s economic ...

metro.co.uk/2022/09/27/bank-of-england-hints-at-significant-response-to-mini-budget-17462980/

Financial Times

ft.com/content/ca2c6745-a4c0-4bdf-9d15-3923d8ccb56d

Sep 27 22

Jump in mortgage rates threatens UK property price crash : Market turmoil leaves more than 2mn homeowners facing sharp rise in borrowing costs over next two ...

Paid articlePaid

economist.com/britain/2022/09/23/britains-chancellor-offers-up-a-reckless-budget-fiscally-and-politically

Sep 28 22

Britain’s chancellor offers up a reckless budget, fiscally and politically: Kwasi Kwarteng faces opposition from the markets, the Bank of England and even his ...

18 2

The Guardian

theguardian.com/money/2022/sep/28/top-uk-earners-share-your-views-on-scrapping-the-45p-income-tax-rate

Sep 28 22

Top UK earners: share your views on scrapping the 45p income tax rate: We’d like to hear from people in the UK who earn more than £150,000 about their views on ...

The Spectator

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Sep 28 22

Will Liz Truss take on the IMF?: Tonight the International Monetary Fund has weighed in on the UK’s mini-Budget, offering a direct rebuke of Liz Truss and Kwasi ...

spectator.co.uk/article/will-liz-truss-take-on-the-imf-

RTE.ie

B+

Sep 28 22

IMF warns against UK's 'untargeted' finance measures: The International Monetary Fund (IMF) has criticised the UK government's tax-cutting ...

rte.ie/news/business/2022/0929/1325876-imf-uk-latest/

The Herald (Glasgow)

heraldscotland.com/politics/22724065.kwasi-kwarteng-confident-tax-cutting-strategy-right-approach-despite-pound-slump/

Sep 27 22

Kwasi Kwarteng 'confident' tax-cutting strategy right approach despite pound slump

New Vision (newspaper)

newvision.co.ug/articledetails/143947

Sep 28 22

Britain defends tax-cutting budget after IMF criticism: Critics added that Kwarteng's measures would benefit the rich far more than the poorest ...

Evening Standard