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BRITAIN FISCAL POLICY
Global Market: Britain's bond market poses early fiscal test for Andy BurnhamBritain's government bond market is expected to be a key test for Andy Burnham's economic credibility as investors scrutinise his commitmen...- Keir Starmer steps down as Labour Party leader, says will remain UK PM until successor chosenKeir Starmer has stepped down as British Prime Minister, with a new Labour leader expected before September. This follows mounting pressure...
- Dollar firms as cracks emerge in peace deal, pound dips on Starmer uncertaintyGlobal markets faced jitters as U.S.-Iran tensions escalated, impacting oil prices and the Strait of Hormuz. Despite peace talks, threats f...
- What is Andy Burnham's 'Manchesterism' vision for the UK?Andy Burnham is now a leading contender to become the next Prime Minister. He brings his "Manchesterism" economic vision to national politi...
- India set to bargain hard in trade talks with US, UK this weekIndia faces critical trade negotiations with the US and UK this week. New Delhi seeks to protect its exporters from potential tariffs and s...
- Governments worldwide shield households from rising energy costsNations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...
- Is a deeper bond crash ahead? From Washington to Tokyo, governments are paying the highest borrowing costs in decades as global bond yields surge — why are investors dumping bonds?Global Bond Yields Spike to Multi-Decade Highs as Iran War Fuels Inflation Crisis: From Washington to Tokyo, governments are now paying the...
- Japan's extra budget to include funding from fresh debtJapan plans a new budget to counter Middle East war economic impacts. This may mean more government debt, potentially raising interest rate...
- Taxes and Trump leave UK in a worse state than Starmer found itBritain's Prime Minister Keir Starmer faces a tough economic climate. Inflation is rising, and living standards are not improving. Economic...
- Bank of England holds rates and spells out inflation risks from Iran warThe Bank of England kept interest rates on hold on Thursday and set out scenarios for the economic impact of the Iran war, one of which cou...
- IMF says UK should not scrap twice-yearly economic forecastsIn a recent advisory, the International Monetary Fund has urged the United Kingdom to maintain its biannual economic forecasts. However, th...
- Britain’s mini-budget crisis: Is it impacting the US Bond Market?Financial strategists are increasingly concerned that the United States could encounter a crisis similar to Britain's notorious "mini-budge...
- Truss defied the markets, and they ruthlessly sealed her fateThe market’s swift, withering verdict on Truss’ tax-cutting agenda shattered her credibility, degraded Britain’s reputation with investors,...
- Experiments stumble in UK economy that recently fell below India'sMany economists, including at the International Monetary Fund, have condemned the government’s plans as misguided at a time of high inflati...
- IMF and Moody's censure UK policy, Bank of England says will act bigThe rare intervention from the global lender of last resort piled more pressure on new finance minister Kwasi Kwarteng to reassess a policy...
- New UK finance minister Zahawi says we need to grow the economyBritain's economy is showing signs of a slowdown as inflation heads for double-digits and it is forecast to be weaker than other big indust...
- IMF urges governments to make fiscal plans to tame pandemic debtGovernments should start planning a return to more sustainable budgets with policies that win the trust of investors, after unprecedented f...
- Textiles, apparel exports likely to touch $50 bn in FY17The Cotton Textiles Export Promotion Council (Texprocil) today released an Ernst & Young report titled 'Textile industry as a vehicle of jo...
- Govt not worried about Britain stopping financial aid to India"We are happy because it implies that Britain recognises our economic power," External Affairs Minister Sushma Swara said.
- 83 per cent drop in foreign investment in Pakistan: ReportForeign investment in Pakistan from developed countries like the US and Britain has dropped by nearly 83% due to a combination of factors.
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