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The UK budget deficit in October reached a maximum of 3 billion pounds over 3 years for this month. Such data was published by the Office for National Statistics. In the previous month, the figure was at 2 billion pounds. Experts had predicted its increase to 5 billion 600 million pounds. The highest rates for October in 11 years were shown by government spending, an increase of 7.7%. The increase in tax revenues was 1.2%. The indicator of total expenses of the British budget has reached 65 billion 400 million pounds. The country's net public debt increased to 84% of GDP.
Asian shares recorded a turbulent session on Friday as weak economic data from the United States and surging coronavirus infections worldwide dragged market confidence. The decline followed despite upbeat U.S. tech gains and signs of rebound ...
On Wednesday, Tesla Inc. (TSLA.O) posted its second-quarter profit worth $104 Million from April to June despite shutting down its electric vehicle factory in Fremont, California for roughly seven weeks due to the coronavirus pandemic. Tesla ...
Backed by record-low mortgage rates, U.S. home sales reached its strongest record in June. However, the outlook for the housing market remained murky as low inventory and high unemployment rate pressed amid the virus crisis. Existing home ...
After a steep decline at the start of the year, China’s economy showed vast recovery in the second quarter despite still getting plagued with major economic debacles in weak domestic consumption and investment amid the unrelenting coronavirus ...
On Thursday, the international market had seen a plummet in the value of Asian shares and U.S. stock futures. It is seen to be caused by worries of a falling-out between the United States and China as well as the hit that global economies ...
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