Browsing: spending

Faisal IslamEconomics editorPA MediaRachel Reeves has told her cabinet colleagues that government departments will have their access to the Treasury’s emergency funds limited ahead of the…

Rachel Reeves should bring in wealth taxes at the autumn budget to deliver the change promised by Labour at the election and battle the rising threat…

As someone who has always been against austerity, I find France, with a national debt at 114% of GDP and a budget deficit of 5.8% of…

The logo of Meta is seen at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June…

Pressure to go further on wealth taxes – by creating new modes of clawing at hoards of hard-to-reach cash – is mounting.For starters, the fiscal picture…

A rise in taxation at the autumn budget looks inevitable, as Rachel Reeves grapples with £40bn hole in the public finances.That figure comes from a recent…

Claims of an exodus of wealthy “non-doms” in response to tax rises may be overblown, according to a report that suggests the number leaving the country…

Shares of American footwear firm Crocs have plunged nearly 30% after it warned of a drop in sales as US shoppers rein in their spending.The rubber…

Rubber clog maker predicts 10% quarterly revenue fall and warns that poorer consumers are ‘not even going to stores’

The chancellor and prime minister will begin to pitch-roll tax rises and reforms from September as part of a strategy to prepare the country for a…