‘Not sustainable’ – French borrowing costs soar amid Budget and election uncertainty Markets France is facing a period of acute bond market stress that could last several years unless the presidential frontrunners for next year’s election commit to tackling its gaping deficit, analysts have warned. The difference between French and German government borrowing costs – a key metric used to determine French debt risk – widened beyond 120 [...]
If Brexit is to blame for Britain’s economic woes what’s the EU’s excuse? Opinion The Labour government is blaming Brexit for low growth but ignoring that’s it’s a phenomenon plaguing the EU as well, says Paul Ormerod At the weekend, Bridget Phillipson became the latest leading politician to pin the economic woes of the UK on Brexit. She recognised that youth unemployment will continue to rise but argued that [...]
French rugby star ‘sorry and ashamed’ after he is axed for racist comments apology A video emerged on social media of Jaminet saying he wanted to attack “the first Arab I see on the street”.