Posts Tagged ‘less’
Stock markets recover as euro zone banks borrow less than expected
Global stock markets were rocked yesterday with the news that euro zone banks may face funding difficulties after it was revealed that the European Central Bank (ECB) would not be offering 12-month loans.
A year ago, the ECB was forced to offer European banks 12-month loans at low interest rates to help them survive the financial [...]
Government borrowing hits £16bn in May
The Office for National Statistics (ONS) has today revealed the UK Government borrowed £16 billion in May.
However, the figure was lower than the £18 billion expected and was 8% less than the figure in May 2009.
Overall, Government debt stands at £903 billion – the equivalent to 62.2% of GDP – the highest ever.
However, public [...]
Government borrowing hits £10bn in April
The Office for National Statistics (ONS) has today revealed the UK Government borrowed £10 billion in April.
However, while the figure represented the highest amount for April on record, it was less than the £13 billion many economists had expected.
Overall, Government debt stands at £893.4 billion – the equivalent to 62.1% of GDP.
However, the [...]
UK public sector net borrowing less than expected in Feb
The Office for National Statistics (ONS) has today revealed the UK Government borrowed a further £12.4 billion in February.
However, while the figure represented the highest amount for February on record, it was less than economists had forecast.
Overall, debt stands at £857.75 billion – the equivalent to 60.3% of GDP, up from 50.5% a year [...]
German unemployment rises less than expected in Feb
The Federal Labour Office has today announced the number of jobless in Germany grew by 7,000 in February compared with January, taking the country’s unemployment rate to 8.7% – from 8.6% the previous month.
The total number of unemployed in Europe’s largest economy now stands at 3.43 million. However, today’s figures were less than economists expected. [...]