ONTRADE Forex

Long term impacts of Trump’s tariffs will be negative, says IMF – video

Long term impacts of Trump’s tariffs will be negative, says IMF – video

The International Monetary Fund, a global financial body, said the long term impact of Trump’s tariffs would be negative for the global economy. Pierre-Olivier Gourinchas, the IMF’s chief economist also said the organisation revised down growth for the UK partly due to the impact of the tariffs but also domestic factors in the UK economy

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Number of payrolled workers in UK falls by 78,000 as pay growth stays high

Number of payrolled workers in UK falls by 78,000 as pay growth stays high

Wages rise 5.9% in three months to February, while unemployment unchanged at 4.4%

The number of workers on UK company payrolls has fallen at the fastest pace since the height of the Covid pandemic amid mounting global uncertainty and warnings that Rachel Reeves’s budget measures could lead to job losses.

Figures from the Office for National Statistics show the number of people employed in at least one job paid through pay as you earn fell by 78,000 in March after a revised fall of 8,000 in February.

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