The Government remains on track to miss its borrowing target this year, despite stronger income from tax and VAT receipts last month.
Mario Draghi, president of the European Central Bank, due to speak at a central bankers meeting in the US, is now under more pressure to do something to stimulate the eurozone economy.
LONDON (Reuters) - Shares in drugmaker AstraZeneca have climbed more than 7 percent this week, fuelled by speculation of renewed takeover interest from Pfizer, following an abortive $118 billion (71 billion pounds) takeover attempt in May.
People walk past a closed McDonald's restaurant, one of four temporarily closed by the state food safety watchdog, in Moscow. Photograph: Maxim Zmeyev/Reuters.
The Teton Mountain Range stands in the background of the annual Jackson Hole economic symposium, sponsored by the Kansas City Federal Reserve Bank.