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UK BUDGET ANALYSIS
Why Trump's tariffs had plenty of bark, but limited biteDonald Trump's tariffs, once feared to cripple markets, have had a surprisingly muted impact, with actual levies lower than headline rates....- Charting the global economy: US spending rises, weather loomsUS consumer spending remains robust despite rising prices, though new home sales dipped. President Trump is scrutinizing gasoline costs. Eu...
- How Brexit is estimated to have hit the UK economyBritain's economy shows weak growth since leaving the European Union. Various researchers estimate significant losses in GDP, productivity,...
- Paris accord threshold could be breached in 4 years as warming accelerates: AnalysisEarth's climate is warming rapidly due to human actions. Global temperatures reached 1.37 degrees Celsius last year. Scientists warn the 1....
- World imbalances trouble G-7 in wake of Trump’s China encounterGlobal finance ministers convene in Paris to address lopsided world growth, focusing on structural misalignments after the US-China trade s...
- War revives stagflation dangers for global economyGlobal economic outlook faces uncertainty as seven weeks of Middle East conflict impact growth and inflation. Business surveys from Austral...
- UK retailers demand return of tax-free shopping for touristsBritish retailers are pushing Finance Minister Rachel Reeves to reinstate tax-free shopping for tourists. They argue this could significant...
- Post-pandemic stimulus well managed by India: StudyRBI study reveals minimal impact of post pandemic fiscal stimulus on Indian inflation compared to major economies. Empirical analysis shows...
- Sterling ticks up as UK inflation hits 41-year highIn response to the data, finance minister Jeremy Hunt, who is set to unveil a series of tax hikes and spending cuts on Thursday, said "toug...
- Kwasi Kwarteng brings forward UK debt-cutting plan to October 31On Monday morning, the Treasury confirmed that it would be in the public domain on October 31. The publications of OBR forecasts will also ...
- No-deal Brexit may prolong UK austerity, says HammondHammond is facing pressure to end almost a decade of spending cuts that have limited public services and spurred support for the opposition...
- India leads UK's Scotch whisky exports boomThe customs figures also show the volume of exports of the exclusive drink from Scotland increased by 5.6 per cent to almost 558 million bo...
- India's defence budget breaks into world's top 5: UK reportAccording to the analysis, the Chinese army has over 600,000 more active personnel than India; it has nearly 1,200 tactical aircraft compar...
- Railways to go shopping abroad for train wheel sensorsRailways will float the global tender soon to introduce sensor-based monitoring system that is attached to the train wheels, said a senior ...
- Retrospective tax not fully addressed in Budget 2016: UK investorsMany felt the Modi govt, in the budget, should have taken a more categorical stand on pending tax issues involving British cos like Vodafon...
- Budget 2015: Sebi keeps markets guessing on conducting trading on Budget daySebi is yet to take a call on opening stock markets on Budget day, which falls on a Saturday, its chairman UK Sinha said today.
- India set to overtake UK's defence spend by 2017: ReportIndia looks set to spend more on its defence budget than cash-strapped Britain within four years' time, according to a new report published...
- Public finance watchdog says UK needs immigrantsThe public finance watchdog said that higher levels of immigration over next 50 years would spare taxpayers from the need to endure much gr...
- UK's housing benefit cost may hit 20 bn pounds this yearThousands of families in the UK are pocketing housing benefits worth more than 26,000 pounds per annum, drawn in from taxpayers' income, an...
- Budget's more like a Super Sixes game herePresident George Bush's budget, unveiled earlier this month, might be 25 times the size of the budget that Jaswant Singh will present on Fe...
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