IMF chief reveals worries about private credit market keep her awake at night – business live

IMF chief Kristalina Georgieva has expressed significant concerns about the private credit market, highlighting the need for increased scrutiny of non-bank financial institutions. This comes at a time when Britain's trade deficit is widening, driven by a notable drop in exports to both the European Union and the United States. In August alone, UK exports to the US decreased by £700 million, primarily due to declines in machinery, transport equipment, and chemicals. This situation is alarming as it indicates potential economic vulnerabilities that could affect global markets.