Government debt interest costs hit highest level since 2007
Payments surpass defence spending and have risen to 3.3% of GDP for richest countries, says OECD
Read more at Financial Times
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Government debt costs in richest nations at highest since 2007
Payments by OECD countries outstrip amount spent on defence, police services and housing, report finds. Business live latest updates The cost of government debt payments in the world’s richest ...The Guardian - 12h -
Late car payments hit highest level in decades
Americans are falling behind on their monthly car payments at the highest rate in more than 30 years.The Hill - Mar. 8 -
The costly end of Europe’s ‘peace dividend’
Defence spending at 3.5% of GDP would have cost EU an extra $387bn a year since finish of cold warFinancial Times - 3d -
Europe’s defence spending spree risks debt crisis, warns Dutch politician
Pieter Omtzigt says EU’s €800bn military build-up could push up debt and interest ratesFinancial Times - 2d -
Boosted defence spending will come at cost of manifesto pledges
Government should level with public about which promises it cannot afford to keepFinancial Times - Mar. 10 -
Accenture warns Musk’s Doge-led spending crackdown is hitting revenues
Consulting group says US government purchases have slowed and global economic uncertainty has risenFinancial Times - 5h -
Euro and pound rise against dollar amid ‘Trumpcession’ fears
US currency has lost all the gains it enjoyed since Trump won election and hits lowest level since mid-October. Business live – latest updates The euro and the pound have risen against the ...The Guardian - Mar. 11 -
Estonia to increase defence spending to 5% of GDP from 2026
Yahoo News - 2d -
Call it a defence levy or even a patriot tax – but Labour is going to have to raise taxes, fast | Gaby Hinsliff
The world has shifted and defence spending has to rise. But time is running out for the government to make a case for it. Five years ago this weekend, life as we knew it was suspended overnight. ...The Guardian - 2d
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European military powers work on 5-10 year plan to replace US in Nato
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Starmer shifts from boots on the ground in Ukraine to air and sea defence
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Why is UK wage growth so strong?
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America needs what Canada sells
The US president has to understand that economic warfare will hit his own people in their pocketbooksFinancial Times - 7h -
The promise of the fifth estate is being squeezed
After social media rattled the old gatekeepers of information, new digital ones have emergedFinancial Times - 10h
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Japan core inflation rose 3% in February, bolstering expectations of interest rate hikes
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