One year after being hit by a $2-billion scam, India’s Punjab National Bank (PNB) is set to return to annual profits and strong loan growth in fiscal 2020 even as investigations continue into the country’s biggest banking fraud.
The UK leads the European Union in giving subsidies to fossil fuels, according to a report from the European commission. It found €12 billion a year in support for fossil fuels in the UK, significantly more than the €8.3 billion spent on renewable energy.
British workers had their biggest pay rise in a decade in the three months to October as the country’s strong labor market showed no sign of weakening ahead of Brexit, official figures showed on Tuesday.
The children’s commissioner for England has said the risks faced by deprived young people are ‘the biggest social justice challenge of our time’, after publishing research that suggests one in six minors live in families affected by parental addiction, mental illness or domestic violence.