Oil prices have continued to tank over the past week bringing the Brent crude dollar price per barrel down to the mid to low twenties, levels not seen in almost two decades. Amid a flurry of excitement – prompted by a Trump tweet on Thursday – there was a sudden, sharp rise in prices, but the pressure looks likely to be downward.
Should we believe the IMF?
Jeremy Hunt is under renewed pressure to revive the economy as the IMF warns that UK growth this year will be worse than Russia’s, and half a million workers prepare to strike.