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UK BUDGET DEFICIT
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...
Russian spies are aggressively seeking Western technology as sanctions bite, officials sayRussia's intelligence agencies are aggressively seeking Western technology and defense secrets to bolster its war economy, employing fake c...
US 30-year yield hits highest since 2007 on inflation angstUS Treasury's 30-year bond yields surged to nearly two-decade highs as accelerating inflation concerns and rising energy prices fueled a gl...
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...
Tax hikes put UK budget deficit on track against official forecastsUK's budget deficit is slightly below forecasts due to a surge in business taxes, offering some relief to Finance Minister Rachel Reeves. W...
UK budget deficit soars on cost of debt, energy supportThe budget deficit stood at £22 billion ($26.8 billion) - the highest monthly total in records stretching back to 1993 and almost triple th...
When is Budget 2022, who will present it, and other detailsThe Budget will be presented around 11 am on February 1st 2022 by Finance Minister Nirmala Sitharaman in Parliament. The Union Budget is a ...
View: Ballooning US deficit is good news for Indian gold investorsJP Morgan says there is 60% chance of recession in the US in 2020 and 80% by 2021.
British MPs get 10 per cent pay rise despite their protestsThe Independent Parliamentary Standards Authority (IPSA) announced that the annual salaries of the 650 elected MPs will rise from 67,060 po...
- Trichet seeks deficit cuts to boost growth
European Central Bank President Jean-Claude Trichet pressed governments to trim their budget deficits, saying such action would boost econo...
- Austerity budget to cost 1.3 million jobs in UK
To meet UK's deficit, new budget unveiled 25% cut in expenditures across govt departments. 5 tips to survive a stressful job | How to bag t...
- UK steps up austerity drive, unveils £40 b in savings to cut budget deficit
Britain’s new Con-Lib coalition government went for severe austerity measures in its maiden emergency Budget announced by Chancellor George...
- UK unveils massive spending cuts
British Prime Minister David Cameron’s two-week old coalition took its first steps towards curbing the record peacetime budget deficit by a...
- New UK government for major cuts in official perks
British civil servants are in for an age of forced austerity as the David Cameron government draws up extensive plans to cut the 156 billio...
- Cameron enlists BOE’s King as ally before budget
The Bank of England Governor on Wednesday endorsed Cameron’s plans to cut the record budget deficit after discussing the government’s propo...
- UK budget deficit at record levels
Britain posted its largest annual budget deficit since World War II on Thursday as campaigning for a tight national election intensified.
- UK may mark the end of Keynesian economics
The UK has produced notable economists over the years, but John Maynard Keynes, the guru of government intervention, was one of truly globa...
- G7 prefers to stay on stimulants
Group of Seven finance ministers pledged to press ahead with economic stimulus measures, even as investors intensify their focus on mountin...
- UK economy to grow at 1.75% to 2.25%
Britain's finance minister, Chancellor Alistair Darling today delivered his first budget by slashing growth forecasts for the UK economy to...
- UK finance minister Alistair Darling cuts growth forecast in budget
Britain’s finance minister, Chancellor Alistair Darling on Wednesday delivered his first budget by slashing growth forecasts for the UK eco...