Government borrowing was £22.9bn last month, the second-highest June borrowing since monthly records began in 1993. The Office for National Statistics said that borrowing was £4.1bn more in June than the same month a year ago. It hit £22.9bn over the month as spending rose by £9bn to £86bn, mainly because interest payments increased by
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Vladimir Putin is “probably too healthy”, the head of the CIA has said, playing down rumours the Russian president is suffering a serious illness such as cancer. William Burns, in a rare public appearance, also said Russia’s leader would be proved wrong in a belief he can win a bloody war of attrition against Ukraine
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Hydrogen-electric plane developer ZeroAvia announced it has garnered an additional $30 million in funding from both new and returning investors, including International Airlines Group (IAG). The aviation company’s Series B funding round now totals $68 million, which will be used to get its forty to eighty seat planes into operation by 2026. ZeroAvia is a
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