Global Economy
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October Borrowing Figures Present Challenges for UK Government
The UK government has reported a significant rise in public sector net borrowing for October…
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Energy Price Cap Changes and Rising Household Debt Prompt Ofgem to Act
Households in England, Wales, and Scotland are bracing for significant changes to their energy prices…
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UK Government Borrowing Surges in October Amid Fiscal Challenges
The UK government’s public sector net borrowing reached £17.4 billion in October 2023, a figure…
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UK Government Borrowing Sees Modest Decline Amid Rising Economic Concerns
Worryingly, the UK government has reported record high borrowing figures of £16. This is a…
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UK Government Borrowing Sees Modest Decline Amid Rising Debt Concerns
Yet yesterday, UK government announced that public sector net borrowing hit £17. This level represents…
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Households Brace for Changes in Energy Prices as Debt Hits Record High
Everyone will know about energy shock as households in England, Wales and now Scotland faces…
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UK Car Manufacturing Sees Growth Amid US Tariff Changes
UK car production enjoyed a dramatic increase during the month of July. According to the…
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Households Brace for Rising Energy Costs as Price Cap Adjustments Loom
Homes across England, Wales, and Scotland are anticipating a dramatic bump in what they pay…
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Energy Price Cap Adjustments Offer Slight Relief to Households
Ofgem has now laid out its vision for the next year. As a consequence, households…
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UK Government Borrowing Sees Slight Decrease Amidst Ongoing High Levels
As of October 2023, the UK government was recording this month’s borrowing at £17.4 billion.…