finance

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UK

Worldwide economy to take £9.6trn Covid-19 hit, says IMF

24/06/2020

Britain’s economy is set to plunge by 10.2% in 2020 and global activity will take a hit of more than 12 trillion US dollars (£9.6 trillion) from the coronavirus pandemic by the end of 2021, the International Monetary Fund (IMF) has warned.

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Local

Aberdeen Budget 2020 Live: Councillors approve administration budget

03/03/2020

Today Aberdeen councillors will decide the budget for the next financial year. A rise in council tax, cuts to services and increases to parking and garden waste charges are all on the cards. Follow the latest from our reporters Emma Morrice and Jamie Hall in the council chambers below.