Although the UK government can still borrow money in the future, it also needs to abide by certain fiscal rules, one of which is that debt should be falling within a five-year timeframe. Recent forecasts suggest that while this is expected to be the case, it is based on falling ...
She accused Prime Minister Rishi Sunak's government of trying to artificially distance itself from the damage done by predecessor Liz Truss' September "mini-budget," adding that the U.K. was "uniquely exposed" to external shocks because of choices made by ...
LONDON — Nearly four months after taking office, the U.K.'s new Labour government on Wednesday unveiled a debut budget plan that includes £40 billion ($51.8 billion) worth of tax rises to plug a hole in the public finances and allow for investment in public services. One of the chang...
Debt has accumulated and accelerated since 2008 through various channels, including government borrowing to fund budget deficits, economic stimulus measures, infrastructure projects and social spending. The low-interest rate environment since the 2008 global financial crisis has masked this growing problem ...
UK coalition government budgets and health inequalities. J Roy Soc Med. 2013; 106(11):432-6.Reeves A, Basu S, McKee M, Marmot M, Stuckler D. Austere or not? UK coalition government budgets and health inequalities. J R Soc Med 2013; 106: 432-6....
The government is proceeding with an increase to tax reliefs provided under the SEIS, a scheme which provides income tax relief to investors in start-ups. Currently, new companies can raise £150,000 from SEIS investments but from April 2023 this will be increased to £250,000. The amou...
Following national elections in June this year, India’s Finance Minister Nirmala Sitharaman presented the coalition government’s highly anticipated first Union budget for 2024-25 which has set a hopeful tone and been met with cautious optimism by experts. ...
Including today’s measures, this takes this government’s “total commitment to easing cost of living pressures” to £104 billion, he adds. Wed, Nov 22 20237:51 AM EST Hunt: Universal Credit and other benefits to increase by 6.7% ...
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