A record-breaking 28 trillion tonnes of ice — enough to cover the whole of the UK in a sheet over 300 feet thick — melted from the face of the Earth between 1994–2017. Researchers from the University of Leeds carried out the first ever global survey of ice loss using data collected from satellites orbiting … Read more
Britain’s £10 TRILLION price tag: Value of entire UK includes £1.9trn of housing and £138bn of trains and buses, ONS figures reveal Figures show that Britain and everything in it is worth £10,049,743,000,000 The country’s housing stock was calculated to be worth £1.9trillion alone Huge Covid-related public borrowing is likely to have dragged down the total … Read more
Pandemic drives national debt to highest since 1960: Government set to borrow a record £400bn this year By Lucy White For The Daily Mail Published: 21:50 GMT, 20 November 2020 | Updated: 22:04 GMT, 20 November 2020 The staggering cost of the coronavirus pandemic has pushed the national debt to its highest level since 1960. … Read more
Britain’s £500,000,000,000 borrowing binge: UK Covid bill set to hit half a TRILLION this year By Daily Mail City & Finance Reporter Published: 21:51 GMT, 2 November 2020 | Updated: 21:51 GMT, 2 November 2020 Government borrowing is set to balloon to a record £500billion this year as fresh lockdowns slam the economy into reverse. … Read more
The future: Worldwide, more than £5trillion is invested in ETFs Easy, cheap and abundant. That is the lure of Exchange Traded Funds – and investors are increasingly giving in to their appeal. These investment funds, that typically track the performance of specific stock market indices or the value of precious metals such as gold, are … Read more
City firms shift £1 TRILLION to Europe in Brexit breakaway as bosses claim the UK’s financial sector is the ‘forgotten child’ in trade talks Banks scrambling to protect businesses before the Brexit transition period ends From next year financial firms based in Britain will lose the ‘passporting rights’ City bosses hoped ministers could thrash out … Read more
How much debt is too much debt? That is the question millions of us will be asking tomorrow morning when confronted by headlines proclaiming that pandemic spending has sent Britain’s national debt — accumulated borrowing down the ages — soaring through the £2 trillion mark. Let me spell it out. £2,000,000,000,000. It is a truly … Read more
US government debt is set to exceed the size of the economy in 2021 for the first time since WWII and deficits are forecast to hit a record $3.3 trillion this year The Congressional Budget Office published its latest report on federal deficits and debt on Wednesday Federal debt held by the public is projected … Read more
Earth has lost 28 TRILLION TONNES of ice in less than 30 years, scientists say after analysing satellite imagery of the planet’s poles, mountains and glaciers Earth has lost 28 trillion tonnes of ice due to global heating, scientists have said Research by Leeds and Edinburgh universities and University College London They were able to observe … Read more
UK public sector debt goes above £2 TRILLION for the first time in history as ministers borrowed £27 billion in July alone because of coronavirus crisis Statistics show public sector debt is now above £2 trillion for the first time ever Office for National Statistics said borrowing in July was just shy of £30 billion … Read more