IMF Meetings Focus on Iran War

The International Monetary Fund has cautioned that the global community is becoming less resilient to economic shocks after years of repeated crises.

Discussions will focus on mitigating the impact of high fuel costs on developing nations and addressing the disruption of global supply chains.

Chancellor Rachel Reeves warned that the war will come at a significant cost to British families and businesses.

The meetings occur as central banks struggle to balance inflation control with the need to support a weakening job market.