IlluMyFi

New report upgrades outlook for UK economy with growth now forecast at 1.1% rather than 0.7%

While the IMF is upbeat about global growth it knows where dangers lurk

The International Monetary Fund has warned the trade tariffs favoured by US presidential candidate Donald Trump could hurt global growth, as it upgraded its forecast for the UK economy.

The Washington-based organisation said tariffs trigger tit-for-tat trade wars that impoverish the economies involved in the dispute and the wider global economy.

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-0.98

Bearish/Bullish

22.10.24 09:00

by theguardian.com

New commission may ban English water companies from making a profit

Defra body, created to overhaul system amid public fury, may force firms to be run for public good rather than shareholder returns

New water regulator must create environmental enforcer that is feared | Nils Pratley

Water companies in England could be banned from making a profit under plans for a complete overhaul of the system.

The idea is one of the options being considered by a new commission set up by the Department for Environment, Food and Rural Affairs (Defra) amid public fury over the way firms have prioritised profit over the environment.

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