#Public spending
#Public spending

What time is the Budget speech as Jeremy Hunt to unveil spending plans

Jeremy Hunt's upcoming spring Budget to include further tax cuts and public spending reductions.

Inflation under Mr. Hunt's tenure has decreased from 11.1% to 4%, although the UK entered a recession. [ more ]

www.independent.co.uk

Chancellor 'resist' spending cuts unless he can say where they will fall, IFS warns

Jeremy Hunt considering tax cuts despite warnings from IFS and IMF

IFS warns against more public spending cuts and calls for detailed spending plans before tax cuts [ more ]

www.independent.co.uk

Fewer than 1 in 5 Tory voters want tax cuts if it means cuts to spending

Britons prioritize public spending over tax cuts, challenging government plans for pre-election tax giveaways.

The Fairness Foundation poll indicates widespread support for maintaining or increasing taxes, with only a small percentage favoring tax cuts at the expense of public services. [ more ]

www.theguardian.com

UK politics

Sunak is warned spending squeeze could lead to Conservative party wipeout at election

Warning against public spending squeeze for tax cuts

Importance of prioritizing public services and key voter concerns [ more ]

www.theguardian.com

Europe politics

Penury and decay mark Brexit's miserable anniversary | William Keegan

Brexit has resulted in the UK facing trade barriers and a squeeze on public spending, while the government prioritizes tax cuts over relief for local authorities.

The reduction in central government grants to councils is to blame for their financial struggles, not supposed profligacy. [ more ]

moretax-cuts

ABC7 San Francisco

1 week ago

California

Newsom to update his budget proposal Friday as California's deficit is likely growing

California faces growing budget deficit despite efforts to manage it without general tax increases. [ more ]

www.dw.com

5 days ago

Business

Argentina: Yearly inflation at almost 300% DW 05/15/2024

Inflation in Argentina slowing for fourth month, despite high rates, attributed to President's austerity measures. [ more ]

www.thelocal.fr

1 month ago

France politics

Inside France: Political bonding, croissants and social spending

France is facing significant deficit challenges, leading to discussions on the sustainability of its social model and inevitable public spending cuts.

Topics this week in France ranged from economic concerns to regional development, with a mix of serious issues and lighter moments like a diving board mishap. [ more ]

Nature

France politics

'Incomprehensible': scientists in France decry 900-million cut to research

Cuts to research and higher-education budgets in response to reduced economic forecast

Criticism from scientists about the impact of the budget cuts on research agencies [ more ]

www.theguardian.com

UK politics

The Tories' tax plans are absurd. When will Labour be brave enough to say so? | William Keegan

Confusion in British economy reporting

Changing views on tax-cutting budget [ more ]

www.theguardian.com

5 months ago

UK politics

Public spending is not the only lever Labour can pull, says Starmer

Keir Starmer calls for a shift in the Labour party's assumption that public spending is the only solution to improve people's lives

Starmer refuses to confirm whether he would reverse planned cuts to government departments if Labour won power [ more ]

www.dw.com

Germany politics

Budget woes: What can Germany still afford? DW 01/30/2024

The German federal parliament is launching the federal budget for 2024, which was delayed due to disagreements over cuts between the coalition government parties.

The draft budget plans for around 477 billion euros in expenditure, with 39 billion euros in fresh borrowing, the maximum allowed by the debt brake. [ more ]

BBC News

5 months ago