Britain's emergence from recession in 2010 will be stronger than previously thought, according to the International Monetary Fund (IMF).
Economic recovery in Britain will be slowed down by a possible credit shortfall of £180bn next year caused by the weakness of the banking sector and the state budget deficit, the International Monetary Fund (IMF) warned today.
Britain's tax system was deterring overseas insurers from relocating to the UK and risked damaging the long-term competitiveness of the world's oldest insurance market, Richard Ward, the chief executive of Lloyd's of London, said yesterday, reports The...
Jersey's compliance with international financial regulation and supervision rules has pushed it ahead of the UK, according to an International Monetary Fund (IMF) report.
The recovery has begun, although it will be unpredictable and protracted, according to the International Monetary Fund's chief economist, reports the Telegraph.
The credit crunch has cost world governments a combined total of over $10trn in support for financial institutions, according to the International Monetary Fund (IMF).
Fred Goodwin, the former head of the Royal Bank of Scotland, wined and dined at Chequers with Gordon Brown in the same year that he was presiding over the biggest losses in British corporate history, The Independent reports.