India's new labor laws likely to boost manufacturing, draw FDI, say experts

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Rolling coverage of the latest economic and financial news Today’s borrowing figures compound the woes for Chancellor Rachel Reeves as she seeks to plug gaps in the public finances and find extra to rebuild her headroom for future shocks, says Richard Carter, head of fixed interest research at Quilter Cheviot: Carter points out that borrowing so far this financial year is £9bn higher than a year before, which he says highlights the extent to which the government has increased borrowing since coming to power last year. “Markets and investors are craving some sort of fiscal responsibility from the UK…

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