U.K. budget deficit narrows on higher revenues

Note: This section contains information in English only.
Source: Reuters UK
© Scanpix/FP
September budget deficit in the United Kingdom declined to 11.1 billion pounds from 12.1 billion pounds in the same month of 2012, as tax revenues advanced amid economic recovery. Analysts forecasted a slightly larger budget gap. Moreover, from January till June the compound deficit decreased by 9% from 2012 data. The government predicts the deficit to fall to 7.5% of GDP in 2013.
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Tue, 22 Oct 2013 14:46:04 GMT

European banks to have 8% of capital buffer

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Tue, 22 Oct 2013 09:42:03 GMT

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