{
  "id": 14625157,
  "title": "Tech stock sell-off intensifies as markets fret about AI; UK growth beats forecasts in August – business live",
  "url": "https://urgent.news/2026/10/15/tech-stock-sell-off-intensifies-as-markets-fret-about-ai-uk-growth",
  "topic": "ai",
  "section": "AI",
  "published": "2026-10-15T06:03:13.000Z",
  "source": {
    "name": "Guardian Business",
    "slug": "guardian-business",
    "url": "https://www.theguardian.com/business/live/2026/oct/15/tech-stock-sell-off-markets-uk-gdp-economy-august-imf-latest-news-updates"
  },
  "original_language": "en",
  "account": "Chancellor John Healey arrived in Bangkok for the IMF/World Bank meetings. As he entered the conference center, the chancellor greeted the International Monetary Fund's endorsement of the UK's fiscal policy. Kristalina Georgieva, IMF's managing director, encouraged the government to \"stay the course\" on Wednesday. Healey expressed his satisfaction, stating that the IMF acknowledged the UK's growth, despite global economic shocks. He highlighted the government's plans to manage previous administrations' high borrowing costs. The chancellor also pledged to urge G7 member countries to continue supporting Ukraine and announced £20 million in UK aid for critical repairs in Chernobyl. Healey participated in a G20 central bankers and finance ministers meeting.",
  "summary": "Rolling coverage of the latest economic and financial news Newsflash: the UK economy posted modest growth in August, beating expectations! The Office for National Statistics reports that monthly GDP grew by 0.1% in August, beating expectations of a fall of 0.1%. Moreover, there’s been a huge selloff in Asia overnight, with the KOSPI (-7.04%) and the Nikkei (-5.08%) both slumping, and the KOSPI…",
  "key_points": [
    "Chancellor John Healey meets IMF managing director Kristalina Georgieva",
    "IMF endorses UK fiscal policy despite global economic shocks",
    "Healey pledges G7 support for Ukraine and £20 million aid for Chernobyl"
  ],
  "editors_take": "The IMF's endorsement of British fiscal policy provides the government with necessary international legitimacy to pursue its strategy of managing high borrowing costs while navigating global economic shocks.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}