Israeli budget hikes military spending, VAT, cuts social services

World - Yahoo News - 5 hours ago

Taxes, spending and borrowing all higher as the new Labour government seeks to 'rebuild' the UK

British Treasury chief Rachel Reeves says taxes will rise by $52 billion to plug a hole in the public finances and provide new funding for the U.K.‘s cash-starved public services, as she announced ...

World - ABC News - Yesterday

Russian central bank hikes interest rate to record-high 21%, to fight inflation fueled by military spending

World - ABC News - October 25

Reeves aims to close £40bn funding gap as she plans tax rises in Budget

Figure is significantly more than the £22bn fiscal hole the government previously identified

Business - Financial Times - October 15

If Musk and Trump want to cut federal spending by $2 trillion, they’ll have to come for Social Security and Medicare

Musk is talking big cuts. Something’s got to give.

Business - MarketWatch - 3 days ago

GPs demand protection from Budget tax hike

GPs are warning that a rise to National Insurance from next April could force them to cut staff.

Reeves eyeing £40bn in tax rises and spending cuts

Filling the £22bn financial "black hole" would only be enough “to keep public services" still, she told a meeting.

Ministers complain to Starmer over spending cuts

Some Cabinet members are alarmed at the scale of cuts being sought to plug a rumoured £40bn gap.

Companies curb UK advertising spending ahead of the Budget

Marketing budgets fail to grow for the first time in 14 quarters, trade body finds

Business - Financial Times - October 16

UK Budget as it happened: Rachel Reeves raises tax, spending and borrowing

Taxes rise as chancellor delivers the first Labour budget since 2010

Business - Financial Times - 2 days ago

The Papers on the Budget: 'Spending power' and 'nightmare on Downing Street'

Reactions to the Budget, which saw large rises in both tax and public spending, lead the papers.

U.K. Budget Makes a Big Bet on Spending for Growth

The Labour Party is betting that extra spending on public services and more investment will eventually revitalize the country’s stagnant economy.

Business - The New York Times - Yesterday

Israeli military says it is "conducting precise strikes on military targets in Iran"

World - ABC News - 6 days ago

Watch: Israeli military chief announces strikes in Iran

Rear Adm Daniel Hagari says the strikes are in response to Iran "relentlessly attacking" Israel.

Bill Gates criticises Budget cut to overseas aid

Hidden in the Budget was a decision not to renew a Tory-era £2.5bn top-up to the UK's overseas aid budget.

Trump's Social Security plan could lead to 33% benefits cut: Analysis

Donald Trump's plans could undermine Social Security's financial stability and lead to a large benefits cut, nonpartisan think tank says.

BBC boss warns of Russian and Chinese propaganda

The UK is losing out because of cuts to the World Service, the BBC's director general warns.

BBC World Service secures Budget bump in government funding

Executives warned that previous cuts left the UK struggling to counter a rise in Russian and Chinese propaganda

Business - Financial Times - Yesterday

Brazil Ministers Renew Push to Sell Lula on Spending Cuts

World - Yahoo News - October 15

Starmer and Reeves face down cabinet revolt over spending cuts

Ministers complain about Treasury approach as prime minister and chancellor finalise October 30 Budget

Business - Financial Times - October 16

Wayfair customers are more price conscious, have cut spending as election nears

Wayfair’s stock turned lower as some downbeat comments about the home-goods seller’s customers followed an earnings beat.

Business - MarketWatch - 7 hours ago

EU should spend 20% of budget on security and climate disasters, report says

Finland’s former president reports on cost of Europe’s preparedness for multiple crises

Business - Financial Times - 2 days ago

Chris Mason: A change-making Budget and a moment of jeopardy

The government's fate will depend on whether it can make things better, says political editor Chris Mason.

Rachel Reeves goes back to the future with a tax and spend budget

Chancellor heeds calls long made on the left for spending to match other European countries with rise of £70bn a year. Autumn budget live – latest updates Budget 2024: key points at a ...

World - The Guardian - 2 days ago

Holiday spending tips to avoid impulse buys and stay on budget

A recent study reveals Gen Z and Millennials are most likely to make impulse buys during the holidays than Gen X and Baby Boomers. Jill Schlesinger joins "CBS Mornings Plus" with tips to make ...

Rachel Reeves defiant after historic tax and spend Budget

Verdict of markets will be critical for UK chancellor’s plans to increase government borrowing

Business - Financial Times - 10 hours ago

Israeli secret services make arrests in leak probe in PM’s office

Stories alleging what Hamas was planning in Gaza appeared in British and German newspapers, sparking the investigation

Business - Financial Times - 2 hours ago

Wednesday Briefing: U.S. Warns it May Cut Israel’s Military Aid

Plus, an investigation into China’s panda breeding program.

World - The New York Times - October 15

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