#public-finance
#public-finance

2 days ago

Ministers face above projected teacher and NHS pay deals

Public sector pay rises are recommended up to 4%, exceeding government budget projections.

Government faces tension with trade unions over proposed pay increases for public sector workers.

Retirement

1 week ago

Older workers: would you be able and willing to stay in work until you're 70?

Governments should encourage older workers to delay retirement due to ageing population pressures on public finances.

Los Angeles

fromLos Angeles Times

2 weeks ago

L.A. County faces $2 billion in fire recovery costs, straining budget

L.A. County is facing severe budget cuts due to fire recovery costs and a record sex abuse settlement.

Europe news

fromThe Atlantic

4 weeks ago

The DOGE Plan That Endangers U.S. Revenue

IRS staff cuts could lead to significant losses in taxpayer revenue.

Cutting IRS staff may incentivize tax evasion among taxpayers.

#government-spending

UK politics

From more tax to rewriting budget rules: six alternative ways Rachel Reeves could raise money

Rachel Reeves faces criticism for conservative fiscal strategies that may harm vulnerable populations amid rising wealth inequality.

from24/7 Wall St.

5 months ago

Business

These Are the Only Two Years the US Was Debt-Free In Its Entire History

Andrew Jackson eliminated the national debt in 1835 through land sales, tariffs, and spending cuts, becoming the only U.S. president to achieve this.

UK politics

From more tax to rewriting budget rules: six alternative ways Rachel Reeves could raise money

Rachel Reeves faces criticism for conservative fiscal strategies that may harm vulnerable populations amid rising wealth inequality.

from24/7 Wall St.

5 months ago

Business

These Are the Only Two Years the US Was Debt-Free In Its Entire History

Andrew Jackson eliminated the national debt in 1835 through land sales, tariffs, and spending cuts, becoming the only U.S. president to achieve this.

more#government-spending

#uk-economy

UK politics

How Covid changed the British state

The furlough scheme was a significant state intervention to protect workers during the Covid lockdown.

8 months ago

Privacy professionals

UK government borrowing hits higher than expected 3.1bn in July

Public spending increases have led to a significant rise in government borrowing, surpassing expectations and marking the highest deficit for July in three years.

UK politics

How Covid changed the British state

The furlough scheme was a significant state intervention to protect workers during the Covid lockdown.

8 months ago

Privacy professionals

UK government borrowing hits higher than expected 3.1bn in July

Public spending increases have led to a significant rise in government borrowing, surpassing expectations and marking the highest deficit for July in three years.

Frozen government money pipe

The Daily Treasury Statement provides detailed insights into the U.S. Treasury's daily financial operations.

Alternative medicine

fromNatural Health News

2 months ago

How Climate Change Will Affect Our Future: A Global Perspective

Public finances are at risk, yet extreme green spending demands could cripple economic growth in the name of climate change.

#capital-gains-tax

fromFortune Europe

Miscellaneous

U.K. joins Europe in targeting the super-rich with fresh crackdown on foreign wealth, capital gains, and private jets

The Autumn Budget signifies an end to austerity under Labour and includes a significant tax increase to stabilize public finances.

Business

Capital gains tax won't rise to 39%, Starmer hints

The government's stance on capital gains tax suggests no immediate rise to 39%, focusing instead on broader economic concerns.

fromFortune Europe

Miscellaneous

U.K. joins Europe in targeting the super-rich with fresh crackdown on foreign wealth, capital gains, and private jets

The Autumn Budget signifies an end to austerity under Labour and includes a significant tax increase to stabilize public finances.

Business

Capital gains tax won't rise to 39%, Starmer hints

The government's stance on capital gains tax suggests no immediate rise to 39%, focusing instead on broader economic concerns.

more#capital-gains-tax

UK politics

Home Office continues to demand fees unlawfully charged for language tests

UK visa applicants have been unlawfully charged for language tests, yet fees continue to be collected as the Home Office seeks legal backing.

Business

UK borrowing for September third highest on record

UK government borrowing in September reached £16.6bn, indicating financial struggles with higher spending relative to tax revenues.

East Bay (California)

fromThe Mercury News

Oakland's brand-new, revised deal to sell the Coliseum has a new timeline - and raises more questions

The Oakland city sale of its Coliseum share is crucial for addressing a budget crisis, pending expected payments from a development group.

7 months ago

Business

Winter fuel cut savings will be far less than Reeves expected, new analysis finds

Rachel Reeves' cut to pensioner winter fuel payments may yield significantly lower savings due to rising claims for pension credit.

Projected savings from cuts to winter fuel payments are undermined by increased pension credit claims, challenging the fiscal strategy.