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Business Matters: IMF reacts to UK economic policy

IMF reacts to UK economic policy

28/09/2022 GMT

BBC World Service - Business Matters, IMF reacts to UK economic policy

International Monetary Fund openly criticises UK economic policy

The International Monetary Fund has lent its voice to the current events in the UK.

The International Monetary Fund has openly criticised the UK’s economic policy. It says the government's plan to cut tax for the highest earners and increase borrowing will increase inequality. Our North America business correspondent from New York, Michelle Fleury, tells us more.

The UK Treasury says it is focused on growing the economy to raise living standards for everyone. Former Deputy Director at the IMF, Adnan Mazarei, speaks further on the issue.

Energy journalist Jacob Schlandt gives us the latest on gas leaks from the Russian-controlled Nordstream gas pipelines – which the international community has labelled an act of sabotage.

Hurricane Ian gathers momentum towards Florida, leaving hundreds of thousands of people in Cuba without power. Cathy Perkins, the Director of Pinellas County Emergency Management, talks to us.

Could building more homes and offices out of wood instead of concrete help tackle climate change? The BBC's Maddy Savage explores the pros and cons.

Carlos Kytka, the executive director of the Gay European Tourism Association, chats with us about Cuba's push to become an attractive destination for LGBTQ+ visitors.

(Picture: The UK's currency, pound sterling, has fallen to historic lows. Credit: Getty Images.)

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