Ten Things You Need to Know Today: 28 September 2022

The Week’s daily digest of the news agenda, published at 8am

1. IMF criticises Kwarteng measures

The International Monetary Fund has openly criticised the government’s economic plans, warning that they are likely to fuel the cost-of-living crisis. The IMF said the tax cuts and borrowing plans could speed up the pace of price rises and “the nature of the measures will likely increase inequality”. The BBC’s economics editor, Faisal Islam, described the statement as “direct, uncompromising, unflinching and somewhat humiliating criticism”. The Telegraph said the statement was a “highly unusual attack”.

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