EUROPE ECONOMY

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UK finance minister Rachel Reeves will unveil her first budget on October 30

Rise In UK Borrowing Narrows Budget Options For New Govt

UK government borrowing jumped by far more than expected in July, official figures showed Wednesday, stoking fresh anxiety for the new Labour government ahead of its first budget in just over two months.
Economists surveyed by FactSet and Bloomberg had forecast that inflation would slow to 2.5 percent

Eurozone Inflation Eases Slightly In June

The eurozone's annual rate of inflation cooled in June in line with analysts' expectations thanks to a slowdown in food and energy price rises, official data showed on Tuesday.

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