Britain’s borrowing has actually skyrocketed to a record ₤1037 bn as debt overtook financial output for the first time in almost 6 years due to the coronavirus pandemic. The figure, which lays bare the expense to the country’s financial resources by the COVID-19 crisis, is ₤87 bn more than the very same time in 2015 […]

The post Coronavirus: Borrowing soars to record ₤1037 bn as debt outstrips GDP appeared first on World Weekly News.

New Delhi: An Economic/ financial proposal submitted before Govt. of India, of 15 trillion dollar worth, crossed 5 trillion dollars GDP target till 2024-25 fiscal year, including at least 1 trillion worth with in next 8-9 month period and a road map for 10 crores employment generation program. Numerous rumours lies in between economist in […]

The post An Economic/ financial proposal submitted before Govt. of India, of 15 trillion dollar worth, crossed 5 trillion dollars GDP target till 2024-25 fiscal year, including at least 1 trillion worth with in next 8-9 month period and a road map for 10 crores employment generation program. appeared first on World Weekly News.

A Bank of England scenario sees UK GDP falling 14% this year and the out of work rate striking 8% as the coronavirus crisis devastations the economy. The Bank launched its first deal with the possible effect of the lockdown determines to restrict the spread of COVID-19 as its financial policy committee left rates of […]

The post Coronavirus: Bank of England scenario sees biggest annual slump in GDP since 1706 appeared first on World Weekly News.

The UK economy grew 0.1% total in the 3 months to February – a distressing image of the circumstance before the coronavirus lockdown. GDP figures from the Office for National Data likewise show the economy contracted 0.1% throughout February, following gains in December and January. The figures will be worrying as they show the economy […]

The post Coronavirus: GDP figures show UK economy was struggling before COVID-19 lockdown appeared first on World Weekly News.