Finance News – Obr
What is your interest today?
- ABC News Business
- BBC Business
- Business Insider Markets
- CBC Business
- City A.M.
- CNBC Business
- CoinDesk
- Cointelegraph
- Crypto News
- CryptoSlate
- Decrypt
- Economic Times Markets
- Euronews Business
- Financial Post Top Stories
- Financial Times
- Finextra Crypto
- Finextra Market
- Finextra Wealth
- Globe and Mail Investing
- Investing.com Global Markets
- Investing.com Global Mkts
- Investopedia
- Kiplinger
- MarketWatch MarketPulse
- MarketWatch Top Stories
- Quartz
- Sky News Money
- Sydney Morning Herald Biz
- Sydney Morning Herald Business
- TechCrunch Fintech
- The Block
- The Guardian – Business
- WSJ Markets News
Treasury prepares tax reforms in push to boost UK productivity
The government is developing changes to the tax system aimed at enhancing economic performance amid concerns of a significant reduction in growth projections.
Read Full Article →UK tax data reportedly suggests claims of non-dom exodus overblown
Recent data from HMRC imply that the reduction in affluent individuals residing in the UK matches prior official estimates, indicating limited financial impact from changes to tax...
Read Full Article →Rachel Reeves faces gloomy autumn after borrowing overshoots
The unexpected increase in government borrowing has raised concerns about rising debt servicing expenses, potentially limiting fiscal flexibility and complicating efforts to manage...
Read Full Article →The British state has become a Ponzi scheme paid for by the young
Rising living expenses combined with stagnant incomes have created substantial economic pressure on younger generations, challenging the sustainability of public finances and highl...
Read Full Article →OBR chief says higher tax is ‘not good’ for growth – or the government
Increasing taxes as proposed in the upcoming budget may reduce economic expansion and diminish long-term government revenue, according to a leading fiscal authority’s assessment of...
Read Full Article →Rachel Reeves to try to reassure City investors after unexpected UK GDP fall
Rachel Reeves aims to restore investor confidence by highlighting potential growth opportunities despite recent economic contraction and concerns over public finances ahead of the...
Read Full Article →Rachel Reeves risks ‘serious damage’ with tax hikes, OBR member warns
A member of the Office for Budget Responsibility cautioned that increasing taxes amid weak economic performance could negatively impact financial stability and hinder recovery effo...
Read Full Article →Kemi Badenoch backs costly triple lock pension as ‘Conservative policy’
Kemi Badenoch supports maintaining the pension increase mechanism despite warnings from the UK’s fiscal authority that its expenses have significantly exceeded initial forecasts.
Read Full Article →Something fiscal this way comes: Reeves haunted by ghosts of Truss and the OBR
Chancellor Rachel Reeves confronts considerable economic challenges as past policies and official financial assessments create pressure on government stability amid internal politi...
Read Full Article →Wealth and stealth: Starmer eyes fresh tax hikes
Keir Starmer is considering new forms of taxation as concerns grow over fiscal sustainability, following the watchdog’s warning about rising welfare expenses and their impact on go...
Read Full Article →Alarming OBR forecast is too optimistic – debt is set to be 647 per cent of GDP
The Office for Budget Responsibility’s projections may underestimate future debt levels due to overly positive assumptions about productivity growth, indicating that the UK’s finan...
Read Full Article →Public finances in 'relatively vulnerable position', OBR warns
The government's official economic body has indicated that the current state of the country's budget may face challenges, highlighting potential risks to fiscal stability in the ne...
Read Full Article →UK cannot afford triple lock pension, OBR says
The Office for Budget Responsibility has indicated that maintaining the current pension increase policy may strain public finances, prompting debates over welfare adjustments to en...
Read Full Article →UK faces ‘daunting’ risks to public finances, OBR warns
The fiscal watchdog indicates that the country’s capacity to manage unexpected economic challenges has significantly weakened, posing considerable concerns for the stability of gov...
Read Full Article →M&S chair reveals two recent major company hacks have ‘gone unreported’; UK public finances ‘facing...
Recent undisclosed cybersecurity breaches at a major retailer highlight growing concerns about vulnerabilities that could contribute to increased financial pressures on the UK gove...
Read Full Article →OBR warns unfunded spending to damage UK finances amid ‘daunting’ risks
The Office for Budget Responsibility has highlighted that increased expenditure without corresponding revenue could strain the UK’s fiscal health, especially given ongoing internat...
Read Full Article →Gilt yields spike on Keir Starmer’s refusal to back ‘visibly upset’ Reeves
The uncertainty surrounding Labour’s leadership and policy changes contributed to increased government borrowing costs, reflecting investor concerns about the party’s fiscal strate...
Read Full Article →Rachel Reeves must rethink how tax and spend decisions are made after welfare U-turn | Heather Stewa...
The recent welfare policy reversal highlights the challenges posed by rigid fiscal frameworks and limited flexibility, which significantly influence the timing and effectiveness of...
Read Full Article →Is Labour changing its mind about the OBR?
Labour’s shifting perspective highlights concerns that relying on economic forecasts may not effectively address the ongoing challenges related to the UK’s public finances and gove...
Read Full Article →BoE’s Bailey warns on UK productivity in challenge to Reeves
The Bank of England's Governor expressed doubts about the Office for Budget Responsibility's forecast for improved growth, highlighting concerns about the UK’s ability to enhance p...
Read Full Article →Bank governor wades into row over Reeves’ focus on fiscal rule forecasts
Andrew Bailey emphasized caution in relying too heavily on government budget forecasts, highlighting the importance of balanced interpretation when assessing future fiscal policy a...
Read Full Article →Government borrowing surges in May to fund Labour’s spending
In May, public sector debt increased substantially, reaching one of the highest levels recorded for that month in over three decades, indicating significant government reliance on...
Read Full Article →Reeves may need to raise taxes by £20bn in autumn after UK borrowing rises
The rising government borrowing and a substantial budget shortfall in May have prompted concerns that increased revenue measures might be necessary to manage fiscal targets effecti...
Read Full Article →‘You’ll have to wait and see’: Reeves’ deputy can’t rule out autumn tax rises
The Treasury chief secretary indicated that future fiscal decisions, including potential tax increases in the autumn, will depend on upcoming economic forecasts and will be careful...
Read Full Article →Reeves’ straitjacket: Why Britain’s spending problem is political, not economic
The debate over the UK’s budget highlights that decisions on public expenditure are influenced more by political priorities than by purely economic forecasts or minor changes in gr...
Read Full Article →OBR ridiculed for ‘joke of a salary’ in analyst job offer
The salary range offered for new analyst positions at the UK’s fiscal watchdog has sparked criticism due to its perceived inadequacy relative to the expected responsibilities and j...
Read Full Article →Is Rachel Reeves breaking up with the OBR?
Rachel Reeves implemented several last-minute adjustments to her Spring Statement aimed at maintaining fiscal stability and preserving confidence in the official budget forecasts p...
Read Full Article →