Latest in Reeves faces having to cut spending or raise taxes as UK growth disappoints
Sort by
358 items
-
Banks to lobby Reeves on hiring top foreign talent
Chancellor’s meeting with financial services groups expected to focus on visas, regulation and taxFinancial Times - 1h -
Reeves faces having to cut spending or raise taxes as UK growth disappoints
Chancellor’s headroom against her key budget rule has been wiped out, according to preliminary forecasts by watchdogFinancial Times - 7h -
FIS shares plunge most since 2023 on disappointing revenue, guidance miss
Shares of Fidelity National Information Services had their worst day on the market since 2023 after the company's disappointing guidance.CNBC - 9h -
Aguilar says Democrats would oppose spending bill with Department of Education cuts
Rep. Pete Aguilar, D-Calif., said that House Democrats would vote against a government funding bill if it included cuts to the Department of Education. Aguilar claimed Republicans "don't care about ...NBC News - 13h -
Inside the House GOP clash over tax cuts
Hardliners are squaring off against their top tax writer as Republicans try to assemble a package President Donald Trump's priorities.Politico - 2d -
HMRC ‘vastly underestimating’ UK tax evasion, MPs say
Cross-party committee warns agency is not ‘sufficiently curious’ about scale of illegal practiceFinancial Times - 6h -
Home equity loan tax deductions: What to remember this tax season
A home equity loan has important tax benefits that users should remember this filing season. Here's what to know.CBS News - 11h -
How do tax extensions work?
It's important to understand what a tax extension does and doesn't do or you could end up making costly mistakes.CBS News - 11h -
DOGE can cut spending, but can it make government more accountable?
Donald Trump could deliver lasting change, by returning power back to the people where it belongs.The Hill - 14h -
New brackets, deductions and credits for taxes
It's tax filing time and if you're working on your 2024 return then you might be seeing changes with brackets, rates and other parts of the tax code. CBS News business analyst Jill Schlesinger has ...CBS News - 15h -
As Musk cuts federal spending, his own firms have received billions in contracts
As Elon Musk has led an effort to slash government spending, his own companies have, over the last few years, received billions of dollars in government contracts.ABC News - 16h -
A quick way to cut $1 trillion in federal spending
President Trump suggests that state governments should have primary responsibility for handling disasters, and cutting federal taxes would allow states to access more money to address their needs.The Hill - 17h -
Will Canada, Australia and UK scramble to cut deals on steel and aluminium?
US steel suppliers have just over a month to decide how to respond before the new tariffs take effect.BBC News - 21h -
Trump expresses confidence Democrats will help extend tax cuts
President Trump expressed confidence that Democrats will help Republicans extend his 2017-era tax cuts, despite the minority party showing no interest in helping with the president’s agenda. The ...The Hill - 1d -
UK inflation threat receding, says BoE rate-setter who voted for big cut
MPC’s Catherine Mann says ‘demand conditions’ in economy are ‘quite a bit weaker’Financial Times - 1d -
McDonald’s reports sales growth in fourth quarter as Gaza boycott eases
US fast-food chain records like-for-like improvement in revenue, with business improving in Middle EastFinancial Times - 1d -
McDonald's revenue disappoints, as U.S. sales see worst drop since pandemic
Shares of McDonald's have risen just 2% over the past year.CNBC - 1d -
Super Bowl halftime performer who raised Sudanese-Palestinian flag will not face charges
A member of Kendrick Lamar's halftime show went off-script, holding up a flag representing Palestine and Sudan during Sunday's performance.Yahoo Sports - 1d -
House Republicans could raise student loan bills to pay for Trump's tax cuts
As House Republicans look for ways to slash spending to fund President Donald Trump’s tax cuts, they’ve floated proposals that could raise federal student loan bills for millions of borrowers.NBC News - 1d -
McDonald's revenue disappoints, as U.S. sales see worst drop since pandemic
McDonald’s on Monday reported disappointing quarterly revenue, dragged down by weaker-than-expected sales at its U.S. restaurants following an E. coli outbreak just weeks into the quarter.NBC News - 1d -
To pay for Trump's tax cuts, House Republicans could raise student loan bills for millions of borrowers
As House Republicans look for ways to cut spending to fund President Trump's tax cuts, they've floated plans that may raise student loan bills for millions.CNBC - 1d -
Where Have All The Great French-Canadian NHL Players Gone? Canadiens' Montembeault Is Quebec's Lone Representative At 4 Nations Face-Off
Quebec-born Montreal Canadiens goalie Sam Montembeault might not even play at the 4 Nations Face-Off as Canada's third option.Yahoo Sports - 1d -
Reform Isas to boost UK economic growth
It is high time the tax system encouraged more economically productive behaviour than parking funds in a cash accountFinancial Times - 1d -
Chinese chip champion’s ‘snowballing’ growth threatens Korean dominance
CXMT develops AI products and rapidly erodes market share of Samsung and SK HynixFinancial Times - 2d -
Dismay as UK poised to cut funding for global vaccination group Gavi
Exclusive: Aid charities alarmed as decision would come in wake of Donald Trump’s decision to freeze USAid activities. The UK is poised to cut funding to a global vaccination group that has ...The Guardian - 2d -
Poor customer service hitting trust in UK tax authority
Both individuals and most businesses have lost faith in HMRC, spending watchdog findsFinancial Times - 2d -
Trump vows to cut billions of dollars from US defence spending
President says ‘fraud and abuse’ at Pentagon will be Elon Musk’s next targetFinancial Times - 2d -
India needs an ambitious agenda for higher growth
Economic liberalisation will help unlock the country’s vast potentialFinancial Times - 2d -
Resist City pressure to hit cash Isas, building societies tell Reeves
Curbing tax breaks on popular savings product would reduce funding for mortgages and business loans, UK chancellor warnedFinancial Times - 3d -
Record Valentine's Day spending expected
Valentine's Day is just a week away, and candy sales are expected to soar. It's a busy time of year for chocolatiers, including Norman Love Confections, a Florida company that produces ...CBS News - 3d -
The Papers: 'Trump wants UK tax cuts for tech giants' and 'hands off our ISAs'
A warning that axing ISAs could "trigger a mortgage crisis" is one of the stories on Saturday's fronts.BBC News - 4d -
Graham's plan for Trump tax cuts
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Graham rolls out plan to tackle Trump agenda Senate Budget Committee Chair ...The Hill - 4d -
Starmer tells ministers to push ‘further and faster’ for growth
UK prime minister launches fresh attempt to reboot ailing government at six-hour cabinet meetingFinancial Times - 4d -
WATCH: Michael Strahan, Will Reeve get ready for Super Bowl LIX
The “GMA” co-anchor and correspondent prepare for the big game between the Kansas City Chiefs and Philadelphia Eagles.ABC News - 4d -
Amazon Reports 88% Rise in Profits but Says Growth Could Slow
The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.The New York Times - 5d -
Oscars flashback: Raising a glass to 'Sideways'
20 years ago, the adapted screenplay winner got the prize ahead of 'Before Sunset,' 'Million Dollar Baby,' 'Finding Neverland' and 'The Motorcycle Diaries.'Los Angeles Times - 5d -
Tariff Uncertainty Taxes the Auto Industry
For some in the car industry, the uncertainty surrounding a US-border trade war is almost worse than the tariffs themselves. If the tariffs go through, the costs might get passed down to buyers.Wired - 5d
