While both central and state governments have brought down their debt and deficit levels from levels seen during the pandemic, they must continue on the path of consolidation.
Rather annoyingly, shares in National Grid have fallen by 18pc from their spring high, but the slide appears to be related to wider macroeconomic issues rather than company-specific ones.
The United States and China on Friday announced two new working groups on economic and financial policy, in the latest effort to stabilize fraught relations between the world's biggest economies.The Economic Working Group will discuss macroeconomic issues, while the Financial Working Group will focus on regulatory and financial stability issues, a senior US Treasury Department official said.
India News: Leaders from G20 countries – the influential group of 20 developed and emerging economies – will meet in New Delhi under India’s presidency of the gro.
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