In its half-yearly fiscal monitor, the fund (IMF) said the reduction in national insurance contributions (NICs) announced by Jeremy Hunt in his budget last month may have already made cutting the UK's national debt more difficult.
There is speculation the chancellor might announce further tax cuts ahead of an autumn election but the fiscal monitor makes it clear this would be against the advice of IMF officials.
Esta historia es de la edición April 18, 2024 de The Guardian.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 8500 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición April 18, 2024 de The Guardian.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 8500 revistas y periódicos.
Ya eres suscriptor? Conectar
Winning back the west Black cowboys and cowgirls reclaim their place in history
When Larry Callies went to the movies as a boy in Rosenberg, Texas, the heroes riding horses and wearing 10-gallon hats were all white men. But the real cowboys Callies knew were Black.
'So what next?' Guardiola admits he may do only one more season at City
Manager hails 'impossible' achievement after winning a sixth title in seven years
Record profits at Ryanair as Amber Rudd joins board
Ryanair reported record annual profits of €1.9bn (£1.6bn) yesterday as the Irish airline announced the appointment of the former home secretary Amber Rudd to its board and said summer fares would be lower than previously expected.
Liverpool's new era Slot signs three-year deal to replace Klopp as head coach
Liverpool have confirmed the appointment of Arne Slot as their head coach 24 hours after Jürgen Klopp bade farewell to Anfield.
How Guardiola's fresh slogan propelled City to make it four
Manager had to contend with injuries anda dip in form but he smelled players’ hunger even after their 2022-23 treble
Southgate to keep faith with injured players for Euros squad
Gareth Southgate will give his defensive injury doubts the chance to prove their fitness when he names his provisional England squad for Euro 2024 today - with Luke Shaw and the left-back position his greatest headache.
Archer hungry to deliver on long-awaited return
Jofra Archer was the last one out at training yesterday, strolling on to the Headingley outfield with a plate of food in his hand.
Raducanu offers logic to French Open withdrawal
Former US Open champion has decided against pursuing Roland Garros to protect and ensure her long-term fitness
Feel the fear Forget your morals and enjoy the fight: the evil genius of big-time boxing
I bought the fight. Obviously. It cost £24.95, money that was previously sitting in my \"ethical\" bank account until I decided to exchange it for watching two men hit each other in the face live from Saudi Arabia.
Oil and gas Unions lobby Labour for a 'just transition' to green energy
Peace may have broken out between Labour and its union backers over workers' rights, but shadow ministers face fierce lobbying in another vital policy area: how to make the switch from fossil fuels without deep economic scarring.
