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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Top Stories

    Posted By linker 5

    Posted on February 19, 2021

    Featured image for article about Top Stories

    LONDON (Reuters) – British finance minister Rishi Sunak again defended record public spending during the coronavirus pandemic after official figures on Friday showed public borrowing reached 270.6 billion pounds ($378 billion) in the 10 months to January.

    “This is the fiscally responsible thing to do and the best way to support sustainable public finances in the medium-term,” he said of more than 280 billion pounds of extra spending and tax reductions since March.

    “Once our economy begins to recover, we should look to return the public finances to a more sustainable footing,” he added, sticking closely to previous language on the topic ahead of his annual budget on March 3.

    ($1 = 0.7152 pounds)

    (Reporting by David Milliken; editing by William James)

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