Latest in Public sector pay deals help drive up UK borrowing
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Public sector pay deals help drive up UK borrowing
Borrowing was £17.4bn last month, the second highest October figure since monthly records began in 1993.Top stories - BBC News - 2 days ago -
Public sector pay rises and debt interest costs push up UK government borrowing; Bitcoin nearing $100,000 – business live
UK records the second highest October borrowing since 1993, while crypto-friendly Trump pushes bitcoin towards $100k. The jump in UK borrowing last month ( see opening post ) makes it hard for ...World - The Guardian - 2 days ago -
Helping seniors know when it's time to give up driving
Giving up driving can be a big loss of independence for seniors, and coming to the decision that it's no longer safe for them to be behind that wheel can be difficult. James Brown showcases one ...Top stories - CBS News - October 31 -
UK Labour’s Budget borrows big, taxes more
Chancellor Rachel Reeves announced a £40bn tax increase and a sharp rise in borrowingWorld - Financial Times - October 31 -
Investors' reaction to Budget 'very different' to Truss, says Reeves's deputy
Treasury secretary speaks out to reassure the markets after a rise in the cost of government borrowing.Top stories - BBC News - November 1 -
UK government borrowing for October exceeds forecasts at £17.4bn
Data highlights challenges facing chancellor Rachel ReevesWorld - Financial Times - 2 days ago -
Jonathan Mingo trade grades: Cowboys pay up for WR help; Panthers sell former second-rounder
Which side got better value?Sports - CBS Sports - November 5 -
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Reeves seeks reform of UK consumer redress in financial services sector
Chancellor considers overhaul as lenders face potential multibillion-pound bill for alleged mis-selling of car financeBusiness - Financial Times - November 13 -
Post Office IT provider Fujitsu won £1.4mn public sector contracts since promise to stop bidding
Two deals were awarded as recently as September despite outcry over Horizon scandalWorld - Financial Times - November 3 -
Bond market braced for rise in UK debt issuance to £300bn this year
Investment banks pencil in second-biggest annual gilt sales figure on record ahead of Labour’s first BudgetBusiness - Financial Times - October 28 -
UK borrowing costs rise as Reeves’ spending plans unnerve investors
Ten-year gilt yield hits five-month high after chancellor’s first BudgetBusiness - Financial Times - October 30 -
UK Budget as it happened: Rachel Reeves raises tax, spending and borrowing
Taxes rise as chancellor delivers the first Labour budget since 2010Business - Financial Times - October 30 -
UK borrowing costs hit highest level this year as gilt sell-off intensifies
Bond markets unnerved by scale of extra borrowing in chancellor Rachel Reeves’ BudgetBusiness - Financial Times - October 31 -
Surge in UK borrowing costs is not a repeat of the 'mini-budget' crisis, economists say
"It isn't anything like we saw with the Trussonomics mini-budget when that spike really was high after those unfunded tax cuts came in," one analyst said.Business - CNBC - November 1 -
London drives surge in UK rental costs
Rents soar in October on back of high demand and pre-Budget landlord salesWorld - Financial Times - 3 days ago -
Did Labour mislead UK public ahead of Budget?
Rachel Reeves’ tax-raising measures come after she pledged not to be a levy-hiking chancellorWorld - Financial Times - October 31 -
Is there a £22bn ‘black hole’ in the UK’s public finances?
Economists say the state of public finances should not have come as a complete surprise to the new government.Top stories - BBC News - October 31 -
It pays to be clear about what public transport is designed to do
Too often politicians place conflicting demands on rail or bus networksWorld - Financial Times - November 12 -
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Banks warn UK Treasury of risk of sector turmoil after car finance ruling
Lenders meet government officials and regulators over fallout from court judgment on ‘secret’ auto loan commissionsBusiness - Financial Times - October 29 -
Shares in UK retailers fall as sector counts cost of NICs tax rise – business live
Rolling coverage of the latest economic and financial news. Tariffs, tech and Taiwan: how China hopes to Trump-proof its economy . Yesterday’s cut to UK interest rates doesn’t seem to have ...World - The Guardian - November 8 -
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UK military to scrap older warships and helicopters in £500mn saving drive
Defence secretary blames changing nature of warfare for ‘difficult decisions’Business - Financial Times - 3 days ago -
US agency says Tesla's public statements imply that its vehicles can drive themselves. They can't
The U.S. government’s highway safety agency says Tesla is telling drivers in public statements that its vehicles can drive themselvesTech - ABC News - November 8 -
Chinese autonomous-driving company Pony AI steers toward U.S. initial public offering
Software maker plans to trade on the Nasdaq under the symbol “PONY.”Business - MarketWatch - November 15 -
The NHS and education are big winners in Reeves’ spending plan
But some Whitehall departments including the Home Office face real terms cuts to their budgetsWorld - Financial Times - October 30 -
Budget poses new challenge for UK public finances, Moody’s warns
Assessment from rating agency comes as gilts steady after sell-off sparked by scale of extra borrowingBusiness - Financial Times - November 1 -
Starmer touts UK climate leadership but resists call for more public finance
UK’s prime minister is one of only two G7 leaders at UN COP29Business - Financial Times - November 12 -
Meta ‘hackathon’ devises ways to use AI system in UK public services
Meta asked over 200 programmers in Europe to devise ways of using Llama AI system. Meta’s push to deploy its artificial intelligence system inside Britain’s public sector took a step forward on ...World - The Guardian - 4 days ago -
How will the UK deal with the second Trump presidency?
There have been several awkward stumbles in the relationship between the once-and-future president and his British counterpart.Politics - The Hill - November 14 -
UK borrowing costs hit post-election high on eve of Reeves’ first Budget
Chancellor will draw parallels with Tony Blair government’s efforts to repair country’s social fabric in late 1990sBusiness - Financial Times - October 30 -
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 - October 30 -
FirstFT: US consumers continue to spend, spend, spend
Also in today’s newsletter, North Korea fires its longest-ever test missile, and the activists ready to challenge the election resultWorld - Financial Times - October 31 -
UK borrowing costs soar day after Labour government unveiled tax-raising budget
U.K. bond yields spiked sharply Thursday after the ruling Labour Party unveiled a sweeping package of tax hikes and increased borrowing.Business - CNBC - October 31
