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fromBusiness Matters
6 days ago

Reeves clamps down on Treasury emergency funds ahead of November Budget

She added that any borrowing from the reserve - which amounted to £9 billion last year but is being halved in 2025 - would have to be repaid. The Reserve is intended for "genuinely unforeseen, unaffordable and unavoidable pressures" but has in recent years been used to fund public sector pay deals and compensation settlements.
UK politics
UK politics
fromwww.bbc.com
6 days ago

Reeves tightens departmental spending ahead of budget

Chancellor Rachel Reeves is limiting departments' access to the £9bn Treasury Reserve to enforce savings, reduce borrowing, and require repayment ahead of the November Budget.
Cryptocurrency
fromBitcoin Magazine
3 months ago

Abraaj Restaurants Becomes First Bitcoin Treasury Company In The Middle East

Al Abraaj Restaurants Group B.S.C. becomes first publicly traded company in the region to adopt Bitcoin as a treasury reserve asset.
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