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NIESR suggests a rise of 5p in the pound on basic and higher rate of income tax would fill the budget gap Rachel Reeves will need to raise taxes to close a government spending gap that is on course to reach more than £40bn after a slowdown in economic …
The Senate Appropriations Committee’s draft fiscal year 2026 spending bill plans to fund the Navy’s sixth-generation fighter aircraft to $1.4 billion after the Trump administration and Defense Department slashed it […]
The Senate Appropriations Committee on Thursday voted to advance its $852.5 billion fiscal year 2026 defense spending bill, approving a $21.7 billion topline increase that boosts funds for shipbuilding, munitions […]
Georges Elhedery’s comments come amid speculation the chancellor could make such a move in autumn budgetBusiness live – latest updatesThe boss of HSBC has joined a growing chorus of bankers cautioning Rachel Reeves against increasing taxes on banks in …
This briefing provides an overview of the main components of the proposed long-term EU budget for the years 2028 to 2034. It also provides an initial comparison with the current budget framework for 2021-2027, focusing on commitment appropriations.
Chancellor under pressure to recruit new experts as John Van Reenen and Anna Valero return to academia Business live – latest updatesIn the run-up to her crunch autumn budget, Rachel Reeves will seek to recruit a heavyweight economic adviser after the…
The House late on Thursday voted 221-209 to pass its $831.5 billion fiscal year 2026 defense appropriations bill. The legislation was crafted by House appropriators before receiving full budget details […]
Pre-tax profits fall 24% despite rise in Sports Direct sales, driven by closures of House of Fraser and Game storesBusiness live – latest updatesA “challenging” luxury market and retreat from gaming have prompted a fall in sales and profits at Mike Ash…
The House Armed Services Committee’s (HASC) proposed policy bill would direct the Joint Counter-small Unmanned Aircraft System Office (JCO) to report to the deputy secretary of defense while keeping the […]
“To be free in this world, one needs to be feared,” Macron said. “And to be feared one must be powerful.”