Chris Giles

OECD’s twice-yearly outlook highlights extent of downturn across Britain

Tourism and commodity-dependent economies to be hard-hit in ‘long, uneven’ recovery, fund says

Coronavirus response to push budget deficits above financial crisis levels

Coronavirus a ‘wicked cocktail’ for growth, according to former IMF chiefs

Plans would create safety net for countries to ensure no company escapes levy

Effects of trade war have moved beyond manufacturing and raised recession fears

With Boris Johnson insisting the UK will leave the EU with or without a deal on the scheduled departure date of October 31, Britain is braced for a potentially large economic shock.

Even before Donald Trump arrived in Britain on Monday, he was singing the praises of a possible US-UK trade deal. The benefits of such an accord, the US president contended, would far outweigh any losses caused by Britain’s exit from the EU.

Financial leaders fear unity to tackle escalating emerging market woes is lacking