Wednesday, December 21, 2016

UK working to £ 12.6 billion deficit in November

UK working to £ 12.6 billion deficit in November
https://i.guim.co.uk/img/media/85ef8b96ca4d172f6400f1eaaa196781da58318b/0_341_5174_3105/master/5174.jpg?w=620&q=55&auto=format&usm=12&fit=max&s=34b34698d50827f21695b787f0449937

All the economic and financial news of the day, and the UK national debt hits new record high and the Italian bank Monte Dei Paschi fighting for their future

-UK Borrowing falls to £ 12.6bnin November from £ 13.2
-National Debt now £ 1655000000000
-City Analysts not impressed
-UK Seems on track to hit the new deficit targets

European customers seem to have shrugged off the issue, like Brexit, the Italian banking crisis as well as the upcoming inauguration of President Trump to publish probably the strongest season figures trust of December, though it continues to be firmly in bad territory. While today's information are going to encourage the ECB chief Mario Draghi, Christmas cheer can not last long, particularly once the markets start to oscillate, Brexit negotiations start in earnest next year. Draghi must be congratulated for the control of the European economy from the choppy waters during what was an especially assessment twelve months. But right now starts the actual challenge: giving a major growth of 2017.

Full article
https://www.theguardian.com/business/live/2016/dec/21/uk-public-finances-deficit-brexit-stock-markets-dow-business-live
finance business economic news

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