Tag Archives: borrowing

US small business borrowing stalls in March

Kathryn Scott | The Denver Post | Getty Images Donna Dickens, left, and Kathrine Lewis, prepare sandwiches together inside the Share Good Foods kitchen in Englewood, Colorado. Borrowing by small U.S. firms stalled in March, as business owners remained cautious about investing amid policy uncertainty, data released on Monday showed. The Thomson Reuters/PayNet Small Business Lending Index for… Read More »

Fall in public borrowing keeps UK on track for new 2016/17 budget goal

Britain’s budget gap narrowed last month, keeping Chancellor Philip Hammond on track to meet his new, less ambitious deficit reduction goals, but the country’s fiscal watchdog said future months would pose a tougher test. Last month Hammond formally abandoned his predecessor George Osborne’s goal to run a budget surplus by 2020, as the Office for Budget Responsibility pencilled… Read More »