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Prime minister Andy Burnham will welcome Ukrainian president Volodymyr Zelenskyy to No 10 on Wednesday, pledging "rock-solid" support and faster delivery of British-made missiles to counter new Russian drone threats.
The International Monetary Fund's top economist has urged John Healey to "stay the course" on repairing the UK's public finances, after the fund lifted its growth forecast for Britain to 1.3% this year. The IMF cut its forecast for 2027 to 1.2%, warning that higher energy prices and long-term interest rates weigh on consumption and investment.
The International Monetary Fund has lifted its 2026 UK growth projection to 1.3% and says Britain stands out among major economies on borrowing, but it expects higher energy prices and elevated interest rates to slow the economy in 2027.
Emergency oil reserves are running low and government budgets are stretched, the IMF has warned as it published its World Economic Outlook and lifted its UK growth forecast for this year.
The International Monetary Fund has raised its forecast for UK economic growth to 1.3% in 2026, up from 1% in July, but expects higher energy prices and interest rates to slow the pace to 1.2% in 2027.
Labour has signalled it will put unsustainable debt on the G20 agenda when the UK takes the chair next year, as heavily indebted developing countries absorb the worst of global bond market turmoil.
