Budget boost to UK economy set to fade after two years

Budget boost to UK economy forecast to fade after two years

The government's official forecaster raises its prediction for UK growth in 2024 and 2025 but reduces it for later years.

The Budget Game: Can you do better than Rachel Reeves?

Step into the chancellor’s shoes and devise your fiscal plan

Business - Financial Times - October 15

Traders expect calm response to U.K. budget after event caused turmoil two years ago

The bar is set very high for calamitous British budgets

Business - MarketWatch - 11 hours ago

Chris Mason: Chancellor will set agenda for years to come

Rachel Reeves' historic first Budget will set the agenda for the Labour government for years to come.

Global public debt to hit $100tn this year, says IMF; Boeing to raise up to $25bn to shore up balance sheet – business live

Rolling coverage of the latest economic and financial news, as IMF warns that future debt levels could be higher than currently projected. Cooling labour market adds to Reeves’s tax-raising ...

World - The Guardian - October 15

Meta’s stock is up 500% in two years. Is it still a ‘set-it-and-forget-it’ play?

Meta reports earnings on Wednesday afternoon.

Business - MarketWatch - Yesterday

Netflix raises prices as boost from password crackdown fades

The streaming giant will charge subscribers more in some countries to fuel growth.

10-year Treasury yield closes below 4.3% after Tuesday’s initial selloff fades

Long-dated Treasury yields finished lower on Tuesday after a selloff of U.S. government debt that began during European trading hours faded by the end of the New York session.

Business - MarketWatch - 23 hours ago

Two treated after fire at BAE nuclear shipyard

Police say there is "no nuclear risk" and an investigation is under way into the cause of the blaze.

UK consumers in ‘a despondent mood’ ahead of the budget; pound on track for worst month in a year – business live

People holding ‘their breath’ to see what’s in store for them in Rachel Reeves’s first budget, reports GfK. Budget will reverse huge cuts in UK’s public investment, Reeves confirms Fewer ...

World - The Guardian - 5 days ago

WNBA outlook is promising after record-setting year — but challenges lie ahead

The WNBA outlook seems promising heading into the offseason following a banner season with record ratings, attendance and a first-time champion in New York

Sports - ABC News - 5 days ago

Netflix’s third-quarter revenue and subscriber numbers beat expectations

US streaming service is investing heavily in live sporting events to differentiate from rivals

Business - Financial Times - October 17

José Rubén Zamora Will Leave Prison After Nearly Two Years

The case against José Rubén Zamora became a sign of crumbling democracy in Guatemala and a symbol of threats against press freedom across Latin America.

World - The New York Times - October 20

Tua Tagovailoa Returns to N.F.L. Action After Three Concussions in Two Years

The quarterback’s third diagnosed concussion in two years prompted league-wide discussion about whether he should continue playing football.

Sports - The New York Times - 5 days ago

U.S. crude oil edges lower after worst day in two years

Goldman expects Brent prices to recover to $77 per barrel in the fourth quarter.

Business - CNBC - Yesterday

Habeck: Investment fund to give German economy a boost

World - Yahoo News - October 23

Ancient oak named after a band is UK Tree of the Year

The Skipinnish Oak in Lochaber is at least 400 years old.

FM pushes for significant NHS cash boost in budget

Eluned Morgan is keen to see investment in the English NHS, which would mean more for Wales as well.

Can you run the UK economy?

Step into the chancellor’s shoes and devise your Budget plan

World - Financial Times - October 15

UK borrowing rises ahead of Budget

Official data shows borrowing - the difference between spending and tax take - reached £16.6bn last month.

Business and wealthy bear brunt of £40bn tax increases in UK Budget

Markets unsettled by extent of government borrowing as Rachel Reeves boosts spending

Business - Financial Times - 22 minutes ago

UK Budget: What to Know Before Labour’s Announcement

The new Labour Party government said it had inherited a challenging financial position and warned of tax increases and spending cuts when it reveals its budget this week.

Top stories - The New York Times - 2 days ago

30-year Treasury yield ends at highest since July after retail-sales, jobless data point to strong economy

U.S. government debt sold off on Thursday, sending Treasury yields up from their lowest levels in almost two weeks, after data on retail sales and jobless claims pointed to ongoing strength in the ...

Business - MarketWatch - October 17

UK inflation fading faster than expected, says BoE governor

But Andrew Bailey wants to see a further decline in services price growth

Business - Financial Times - 6 days ago

Bangladesh’s leader says ‘no place’ for Sheikh Hasina’s ‘fascist’ party

Muhammad Yunus says will not seek exiled leader’s extradition from India before domestic tribunal’s verdict

World - Financial Times - 15 hours ago

Hospitals in firing line of forgotten war

Sudan’s brutal civil war is taking a devastating toll on the country’s health facilities

World - Financial Times - 14 hours ago

Why EU defence and security policy will stay in the hands of capitals

Also in this newsletter: wading into France’s budget mess

World - Financial Times - 13 hours ago

Mitie boosted by summer UK riot response

Half-year revenues rose 13% after government used outsourcer to provide additional security