View more on these topics

IMF chief says recovery has begun

Economic recovery has begun, according to the International Monetary Fund’s chief economist. But he says it is likely to be slow and unpredictable.

Today’s Daily Telegraph quotes a report by Oliver Blanchard, to be published today, where he says: “The recovery has started. Sustaining it will require delicate rebalancing both within and across countries.

“The world is not in a run-of-the-mill recession. The turnaround will not be simple. The crisis has left deep scars, which will affect both supply nad demand for many years to come.”

Recommended

The Big Four

The Council of Mortgage Lenders revealed the ‘Big Four’ 2008 UK mortgage lenders last week of Lloyds Banking Group, Santander, Nationwide and Barclays.

1

Folly of resistance

The vast majority of advisers are getting to grips with the retail distribution review challenges but there is a small vociferous minority, dubbed in a recent survey as “steadfast rejecters” who are starting to fully realise the consequences of their inaction.

Happy while you work

Well we’ve had scorching weather (yes even up here in Scotland!) and now the Euros 2016 are on – you can’t blame people for wishing life was just one big holiday.  With all these distractions it sometimes feels like work just gets in the way of having a good time! But sunny day skivers are […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment