State warned of the hidden risks in PPP project contracts
The government has been cautioned against committing large, complex infrastructure projects to PPPs.
Source: nation.africa
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cryptocurrency: IMF-FSB synthesis paper unveils crucial policy recommendations for VDA stability
While the paper outlines a comprehensive regulatory framework, it also cautions against blanket bans on all VDAs activities. Such bans, the paper argues, can be costly and challenging to enforce due to the borderless nature of VDAs. They may also lead to increased incentives for circumvention, resulting in heightened financial integrity risks.
Source: indiatimes.com
UK's Debt Worries
The UK will spend £110 billion on debt interest in 2023, according to credit rating agency Fitch.
Source: forbes.com
Shocking OBR forecasts warn debt mountain could swell to 450 PER CENT of GDP by 2070s
The crippling trajectory of the public finances was laid bare in a bleak assessment by the Office for Budget Responsibility.
Source: dailymail.co.uk
FTSE 100 Live: London in positive territory, pound hits 15 month high
FTSE 100 closes 24 points higher UK economy contracts in May but beats City forecasts Pound hits 15-month high after weak US inflation data 4.45pm: FTSE 100...
Source: proactiveinvestors.co.uk