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BBCNEWS Newsnight July 5, 2024

p9p up and south west and then it starts to pep up later in the day. it could affect the south east and wimbledon. further north showers will sink southwards and there will be sunny spells in between. a mixture of sunshine and showers for much of the country. at the moment, it doesn t look that great for wimbledon, we could have thundery downpours at times, a lack of sunshine and temperatures in the mid teens. this developing area of low pressure could swipe the south east as it moves towards denmark. the low countries, dunlop will bear the brunt of this deepening below. for us on wednesday we are in between systems so it is pay, won t pay or can pay, won t pay or we re not saying? what s the point of independent pay review bodies if the government takes no notice? we ll be speaking to a former conservative health minister and the assistant general secretary of the tuc. also tonight, after an overnight israeli air strike on what it describes as a command and control cen ....

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India's political economy challenge is to contain 'transfer union' discord

Perceptions have grown in the Eurozone and India that transfers from richer states are funding profligacy in poorer ones. Measures need to be taken to assuage growing resentment. ....

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States borrowing cost slips to 7.67%

According to Icra Ratings, the weighted average cut-off or pricing of bonds eased by 4 bps to 7.67 per cent even as the supply eased a tad after rising for four weeks when states borrowed more than the estimated amount. ....

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Improving data quality a prerequisite for regulating states' off-budget borrowing

If such data were to become available, markets could more effectively reward or punish governments at the Centre and states for their borrowing behaviours ....

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High interest rates, rampant state borrowing and spending could crush economy

There’s little to harvest in a collapsing economy, until its management is professionalised.
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