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rewrite this title IMF gives an update on the UK economy

The International Monetary Fund (IMF) holds a press conference and UK Chancellor Jeremy Hunt speaks after the IMF concluded Britain is no longer expected to suffer a recession this year, nor will it have the weakest economic growth in the group of seven leading industrialised economies. Read more 👉 #IMF #UK #Business #Economy #SkyNews #JeremyHunt SUBSCRIBE to our YouTube channel for more videos: Follow us on Twitter: Like us on Facebook: Follow us on Instagram: Follow us on TikTok: For more content go to and download our apps: Apple Android Sky News Daily podcast is available for free here: Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: Sky News videos are also available in German here/Hier können Sie außerdem Sky News-Videos auf Deutsch finden: To enquire about licensing Sky News content, you can find more information here: ... ( read more ) LEARN ABOUT: Investing During In

How Taxpayers Became Major Shareholders in Bank Bailouts

Gordon Brown has changed the face of banking in Britain -- effectively taking control of three of the country's biggest names with a 37-billion-pound rescue deal. The bailout gives Number 10 a huge stake in RBS, HBOS and Lloyds TSB -- with tens of millions of customers and control of almost HALF the country's mortgage market between them.... ( read more ) LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing Over the past few years, taxpayers in England have become major shareholders in some of the country's biggest banks following a massive bank bail out in the aftermath of the global financial crisis. In 2008, the UK government nationalized RBS (Royal Bank of Scotland) with a £45 billion taxpayer-funded bail out. This meant that the government effectively became the majority shareholder, owning around 62.4% of the bank. In ad

UK Banks Receive Bailout Package from Government

Central banks around the world have implemented a surprise interest rate cut in a co-ordinated bid to tackle the growing economic crisis. The UK rate was cut by half a percent - the biggest reduction for 7 years. The Prime Minister and the Chancellor also announced a taxpayer-funded bail-out scheme for the country's major banks. It could run into hundreds of billions of pounds. Sky's Joel Hills reports... ( read more ) LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing The UK government has announced a bailout package for the country's major banks. In response to the ongoing economic uncertainties brought about by the COVID-19 pandemic, the government has decided to support the banking sector to ensure financial stability and confidence in the market. The package, worth £1.3 billion, includes a range of measures des

Jonathan Ashworth: 'UK is in a perilous position'

Shadow Work & Pensions Minister Jonathan Ashworth MP says that the UK is in "a perilous situation" due to decisions made my Liz Truss and Kwasi Kwarteng. For the latest developments: SUBSCRIBE to our YouTube channel for more videos: Follow us on Twitter: Like us on Facebook: Follow us on Instagram: Follow us on TikTok: For more content go to and download our apps: Apple: Android Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí Sky News videos are also available in German here/Hier können Sie außerdem Sky News-Videos auf Deutsch finden: To enquire about licensing Sky News content, you can find more information here: ... ( read more ) LEARN MORE ABOUT: Retirement Planning REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing https://inflationprotection.org/jonathan-ashworth-uk-is-in