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Johnson’s $47 billion NHS plan resisted by Treasury, says Times

Britain's pm boris johnson walks outside downing street in london

Bloomberg UK Prime Minister Boris Johnson’s plan to reform health and social care by handing 34 billion pounds ($47 billion) to the National Health Service (NHS) faces resistance from the Treasury, the Sunday Times has reported. Johnson’s cash boost is designed to kick-start a period of policy reforms, including a plan to cap the amount that people have to pay ...

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Spain sticks to raise minimum wage to reduce wealth gap

Spain copy

Bloomberg Spain is sticking to its strategy of raising the minimum wage to tackle the growing wealth gap in the country amid the fastest acceleration in inflation in nearly a decade, Economy Minister Nadia Calvino said. “It’s an important instrument to reduce inequality, which has risen in our country in the past years,” Calvino, who also serves as deputy prime ...

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Italy’s economy to grow 5.8% this year

Bloomberg Italian Finance Minister Daniele Franco said the country’s economy will expand at least 5.8% this year amid the pandemic recovery, which may allow the government to improve deficit and debt targets. “We are seeing a significant economic recovery,” Franco said at the Ambrosetti Forum in Cernobbio, northern Italy. The new forecast compares with a 4.5% projection announced in April ...

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