Monetary statements principally are balance sheet, revenue statement and cashflow assertion. The first revenue steadiness deficit – which records earnings the UK receives and pays on monetary and different assets, together with compensation of staff – widened by £2.4 billion to £thirteen.6 billion in Quarter 1 2020. There was a bigger fall in UK earnings on overseas investments (credits) than the autumn in funds to overseas investors on their UK investments (debits), as different countries entered lockdowns earlier and companies aimed to keep up cash buffers by reducing or cancelling dividend payments. This report is an replace of the earlier Native Economic Evaluation in 2010. It features a comprehensive evaluation of the local economic system, the labour market, together with demand and provide relationships within the borough. The report finds that the Tower Hamlets economy has grown considerably since 2010 and has moved up within the rankings by way of … Read the rest