Finance News – Budget
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London Tech Week day 3: Let’s use that NHS budget on tech
Investing in technological advancements could optimize healthcare resources and contribute to solving major issues like climate change, potentially improving efficiency and outcome...
Read Full Article →Spending Review: Colossal £25bn for HS2 eclipses other transport pledges
The government’s allocation of £25 billion to HS2 significantly surpasses other transport investments, including £3.5 billion for the Transpennine upgrade and £2.5 billion towards...
Read Full Article →NHS and education among local spending priorities
Residents of Cornwall and Devon prioritize increased investment in healthcare and schooling, highlighting these sectors as key areas for local budget allocation to support communit...
Read Full Article →UK unemployment rises to highest in four years
The recent increase in joblessness and decline in payroll employment reflect economic challenges linked to recent fiscal policy changes affecting businesses during the early months...
Read Full Article →Home Office plans to spend £2.2bn of foreign aid on asylum support
The government has allocated approximately £2.2 billion from international aid funds to cover expenses related to housing and supporting individuals seeking asylum in the upcoming...
Read Full Article →Gold Coast residents slugged one-off $10 payment for cyclone clean-up
Residents of the Gold Coast faced an additional charge in their local rates to help fund the $50 million expenses associated with recovery efforts after the recent natural disaster...
Read Full Article →Sen. Ron Johnson rips into 'immoral' GOP spending bill: 'I can't accept it'
The recently approved budget bill, which has drawn strong opposition from some senators like Ron Johnson, carries significant fiscal implications that could impact government spend...
Read Full Article →Rachel Reeves can’t avoid raising taxes any longer – but she’ll need to get creative | Larry Elliott
The government faces the challenge of balancing ambitious public investments with limited growth and high debt, making increased tax revenue necessary to support spending prioritie...
Read Full Article →UK service sector confidence higher in May than since before autumn budget
A recent survey indicates that business leaders in the UK’s service industry anticipate growth in sales and capital expenditure over the upcoming six months, reflecting enhanced ma...
Read Full Article →Jupiter DAO kicks off vote to officially integrate Jup and Juice Media Studio
Jupiter DAO’s current voting process will determine if its media division receives formal recognition and financial support, potentially impacting the organization’s budget allocat...
Read Full Article →Rachel Reeves must think big to fund Labour’s ‘battle-ready’ Britain. Tweaks and tinkering won’t do...
The upcoming spending review presents a critical opportunity to address ongoing fiscal imbalances through strategic investment and careful management of borrowing, taxation, and pu...
Read Full Article →IMF raises concern over Pakistan’s Bitcoin mining power plan: report
The IMF highlights potential economic risks as Pakistan considers dedicating substantial electricity resources to Bitcoin mining during ongoing energy deficits and financial negoti...
Read Full Article →‘No doubt’ UK will spend three per cent of GDP on defence by mid-2030s, Healey says
The UK government has confirmed its intention to increase defence expenditure to three per cent of gross domestic product by the mid-2030s, reflecting a sustained prioritization of...
Read Full Article →Mum blogger's tips for half term trips on a budget
A parent offers various affordable ideas for family outings during school holidays, addressing how rising expenses influence household spending decisions.
Read Full Article →By delaying its child poverty plan, Labour has a chance to reverse 15 years of inequality | Gordon B...
Delaying the child poverty strategy allows Labour to carefully assess financial resources and policy measures, ensuring any proposed changes can be effectively supported within the...
Read Full Article →NHS leaders in England braced for 2% spending settlement
Healthcare administrators in England are anticipating a modest increase in their budget allocation, reflecting a smaller rise in financial resources compared to previous government...
Read Full Article →Trump’s ‘big, beautiful’ budget is spooking investors
Concerns about the United States’ fiscal outlook are increasing among investors due to expectations of substantial government spending and potential budget deficits.
Read Full Article →‘Pro-worker priorities’? Trump’s budget offers the exact opposite | Steven Greenhouse
The proposed budget plan prioritizes significant reductions in social welfare programs, resulting in substantial financial relief for affluent individuals while potentially increas...
Read Full Article →Victoria axes Australian-first programs boosting gender equity in sport
The recent budget changes in Victoria have removed key initiatives aimed at promoting gender equality and reducing violence within the sporting community, potentially impacting fun...
Read Full Article →Trump says $175bn ‘Golden Dome’ will be completed during his term
The allocation of $25 billion within the current tax and budget legislation highlights the project's potential impact on federal spending and its broader economic implications duri...
Read Full Article →EU ministers call for coordinated action on Russian ‘shadow fleet’ in Baltic Sea
The targeted interdiction of numerous oil tankers crucial to Russia's export network aims to significantly disrupt revenue streams that contribute substantially to the country's fe...
Read Full Article →The U.S. just lost its last pristine credit rating. What that means for markets.
Moody’s downgrade of the U.S. government’s credit rating reflects concerns over prolonged fiscal imbalances and may influence borrowing costs and investor confidence in financial m...
Read Full Article →City veteran Lord Rose ‘horrified’ by slow growth under Labour
Stuart Rose expressed concern over the UK’s sluggish economic progress under current policies, highlighting the potential impact on business confidence and overall financial stabil...
Read Full Article →Labour’s regional growth plan sees 12,000 civil servants moved outside London
Relocating 12,000 civil service positions across the UK aims to reduce government expenses by approximately £94 million annually by 2032, supporting efforts to enhance regional eco...
Read Full Article →Historic U.S. budget alarm replaces tariff anxiety
Concerns over the U.S. budget outlook have become the primary focus for investors, impacting Treasury bond yields and market stability more than previous worries about trade tariff...
Read Full Article →More than 8 million New Yorkers will get inflation refund checks, says governor
The governor revealed a $2 billion initiative aimed at providing financial relief to over 8 million residents, alongside additional support programs for students across the state.
Read Full Article →Non-doms tax changes could lead to ‘billions’ in losses for Reeves
Recent modifications to tax regulations targeting wealthy non-domiciled individuals may result in substantial revenue shortfalls, potentially costing the government billions rather...
Read Full Article →MDA shares walloped by White House space cuts
Recent budget reductions have significantly decreased NASA's funding by 25%, impacting various rocket programs and potentially affecting the financial performance of related aerosp...
Read Full Article →Goldman’s Waldron says US’s early trade deals to ‘serve as a template’
A Wall Street executive anticipates that early trade agreements by the U.S. will influence future negotiations and that investors will increasingly concentrate on fiscal policy and...
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