France stands on the precipice of a potential financial intervention by the International Monetary Fund as its government teeters dangerously close to collapse. Warnings from the finance minister, Eric Lombard,
All posts tagged in budget deficit
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The Treasury is actively reviewing reforms to inheritance tax (IHT) in an effort to close a significant gap in the nation’s public finances ahead of the upcoming autumn budget. With
Public sector borrowing in the UK reached £17.7 billion in May, marking a concerning increase from £17 billion in the previous year and settling as the second-highest May figure ever
Tech billionaire Elon Musk has sparked fresh controversy by denouncing Donald Trump’s sweeping tax and spending legislation as a “disgusting abomination”. His comments, shared on his social platform X, have
The UK Treasury has breached its legal obligations by failing to disclose a £9.5 billion overspend by government departments prior to the March Budget, according to the fiscal watchdog’s leadership.
The UK government’s borrowing figures for July have surpassed expectations, reaching £3.1 billion, which is more than double the amount recorded in the same period last year. This higher deficit
The newly appointed Chancellor, Rachel Reeves, faces challenging decisions as recent official data indicates that government borrowing in July reached £3.1 billion, significantly surpassing expectations. This figure is £1.8 billion
