IMF

The International Monetary Fund has upgraded its 2013 growth forecast for the UK to 0.9%, just three months after cutting estimates.

The head of the International Monetary Fund (IMF) Christine Lagarde appeared before a French magistrate yesterday to face questioning over allegations of embezzlement and fraud.

Households and businesses should be told borrowing costs will remain at rock-bottom levels until the economy is motoring again, the International Monetary Fund has said.

REDWOOD

This week commodities dominated the headlines after a hefty sell-off in the gold market; while Schroders moved to replace outgoing manager Richard Buxton with a double hire.

A growing trend towards excessive risk-taking and lack of action to repair broken bank balance sheets could trigger a "chronic" new phase in the financial crisis, the International Monetary fund has warned.

George Osborne's austerity plan came under attack today from the International Monetary Fund (IMF) after it downgraded the outlook for UK growth by more than any other advanced economy.

The International Monetary Fund (IMF) is expected to release a gloomier picture of the world economy this week, trimming its forecast for global growth this year by 0.1%.

Under Madame Lagarde, the IMF is having some second thoughts about cutting deficits.

Police have searched International Monetary Fund (IMF) head Christine Lagarde's Paris apartment as part of an investigation into suspected embezzlement, Reuters reports.