UK borrowing hits highest December level on record
It was also the third-highest borrowing figure in any month since records began in 1993, the Office for National Statistics said. The figures underline Chancellor Rishi Sunak’s problems as he prepares his March Budget. Borrowing for this financial year has now reached £270.8bn.That is £212.7bn more than a year ago, the […]
World Bank agrees $300m coronavirus loan to Uganda
The World Bank Group said on Tuesday that its board had approved $300m (Shs1.1 trillion) in budget support for the Uganda government to boost its fight against the coronavirus and to support the economy. The loan, the bank’s first aid instrument given directly to the government in more than six […]