Borrowing Spending Plans

Chris Mason: Big tax, borrowing and spending plans

BBC Political Editor Chris Mason decodes the big plans revealed in Rachel Reeves first budget.

UK borrowing costs rise as Reeves’ spending plans unnerve investors

Ten-year gilt yield hits five-month high after chancellor’s first Budget

Business - Financial Times - 3 hours ago

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 - 13 hours ago

UK ministers seek to reassure bond investors on their borrowing plans

Treasury chief secretary Darren Jones sets out ‘guardrails’ for investment

Business - Financial Times - October 17

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 - 3 hours ago

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

Holiday shoppers plan to spend more while taking on debt this season

Leaning on credit cards, or even buy now, pay later, to purchase holiday gifts will come at a high cost if there are missed or late payments.

Business - CNBC - October 16

Here's how much Americans plan to spend on the holidays this year

Numerous estimates show Americans are expected to spend more on the holidays this year as wages rise and inflation cools.

Why a Climate Nonprofit Plans to Spend $250 Million on Electric Semi Trucks

Climate United has a three-year plan to lease electric trucks and cut emissions at California ports to meet a 2035 zero-emissions deadline.

Business - Inc. - Yesterday

Biden extends student loan payment pause by 6 months for 8 million SAVE plan borrowers

Student loan payments for some 8 million borrowers will remain on pause for six months or longer, a spokesperson for the U.S. Department of Education said.

Business - CNBC - October 21

Borrowers on the SAVE plan will be in forbearance for at least 6 more months—what to know if you're enrolled or want to apply

Borrowers can once again apply for the new Saving on a Valuable Education plan, but it's unclear if and when the benefits will go into effect.

Business - CNBC - October 22

Student-loan borrowers facing financial hardship could get debt forgiveness — if Biden’s new plan survives

Student-loan borrowers struggling financially may have a path toward debt relief if the Biden administration gets its way.

Business - MarketWatch - 5 days ago

Biden's latest student debt plan would create forgiveness path for borrowers facing financial ruin

The Biden administration introduced a proposal to deliver student loan forgiveness to millions of people experiencing devastating financial hardship.

Business - CNBC - 5 days ago

Elon Musk asks voters to brace for 'hardship' as billionaire plans deep spending cuts from potential Trump cabinet post

In the home stretch of the 2024 election, voters who’ve been weighing both campaigns’ proposals to tackle living costs are now hearing a new pitch from the Republican side: accept some short-term ...

How Trump Superfan Elon Musk’s Plan to Cut $2 Trillion in Spending Could Mean Economic Chaos

The GOP candidate has spoken of making the billionaire CEO in charge of a ‘Department of Efficiency,’ but experts warn those dramatic reductions could mean instability and turmoil.

Business - Inc. - 4 hours ago

UK borrowing rises ahead of Budget

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

What are the cheapest borrowing options this November?

Trying to find the most affordable loans right now? These options come with some of the lowest rates available now.

UK public borrowing exceeds official forecast in September

Data comes as chancellor Rachel Reeves prepares to raise taxes in next week’s Budget

Business - Financial Times - October 22

Treasury trims fourth-quarter borrowing estimate

The Treasury Department said Monday that it expects to borrow $546 billion in the fourth quarter, which is $19 billion lower than previously estimated.

Business - MarketWatch - 2 days ago

Debt rule to change to fund major projects

Government claims the move contrasts with former PM Liz Truss's controversial mini-Budget.

Cabinet fightback: the revolt over spending

Plus, the English justice system in crisis

World - Financial Times - October 18

Corporate debts mount as credit funds let borrowers defer payments

Use of payment-in-kind loan terms is growing as companies struggle with heavy leverage and high interest rates

Business - Financial Times - October 14

Why home equity borrowers shouldn't wait for the November rate cut

If you need to access your home equity consider acting now, before a potential November rate cut. Here's why.

White House extends repayment freeze for 8 million student borrowers

Student loan payments for people enrolled in the Biden administration's SAVE plan will remain on hold for at least six more months.

2 cheap ways to borrow $100,000 worth of home equity right now

Need to borrow $100,000 from your home equity? Here are two of the cheapest ways to do so right now.

Lloyds Banking Beats Views as U.K. Borrowers Remain Resilient

The U.K.’s largest mortgage provider confirmed its full-year guidance after pretax profit fell by less than expected on lighter impairments for bad loans as British borrowers remained resilient ...

Business - The Wall Street Journal - October 23

Biden Administration Floats Student Loan Relief for Borrowers Facing Hardship

The proposal, which faces tough legal prospects, would offer forgiveness to millions of borrowers who are unable to pay back their loans because of financial setbacks.

Business - The New York Times - 4 days ago

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 Budget

Business - Financial Times - 2 days ago

Beijing considers $1.4 trillion borrowing increase to support economy: Reuters

Fresh stimulus would help local authorities resolve off balance-sheet debt

Business - MarketWatch - Yesterday

Small Business Owners More Confident About Borrowing After Rate Cut

Entrepreneurs and the banks that finance their expansions and upgrades are more optimistic, as refinancing and new loans get easier.

Business - Inc. - Yesterday

Britain's Labour Party Bets on Big Taxes, Borrowing to Boost Economy

The U.K.’s new government presented its plan to jolt the country out of years of moribund growth: more taxes and a bigger state.

World - The Wall Street Journal - 6 hours ago

U.K. borrowing costs rise in volatile trade after budget delivered

U.K. government bond yields were volatile on Wednesday as traders initially welcomed news that the government would prioritize tax rises ahead of increased borrowing as it strives to fill a fiscal ...

Business - MarketWatch - 5 hours ago

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.

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

Latest in Borrowing Spending Plans

Chris Mason: Big tax, borrowing and spending plans

UK borrowing costs rise as Reeves’ spending plans unnerve investors

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

UK ministers seek to reassure bond investors on their borrowing plans

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

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

Holiday shoppers plan to spend more while taking on debt this season

Here's how much Americans plan to spend on the holidays this year

Why a Climate Nonprofit Plans to Spend $250 Million on Electric Semi Trucks

Biden extends student loan payment pause by 6 months for 8 million SAVE plan borrowers

Borrowers on the SAVE plan will be in forbearance for at least 6 more months—what to know if you're enrolled or want to apply

Student-loan borrowers facing financial hardship could get debt forgiveness — if Biden’s new plan survives

Biden's latest student debt plan would create forgiveness path for borrowers facing financial ruin

Elon Musk asks voters to brace for 'hardship' as billionaire plans deep spending cuts from potential Trump cabinet post

How Trump Superfan Elon Musk’s Plan to Cut $2 Trillion in Spending Could Mean Economic Chaos

UK borrowing rises ahead of Budget

What are the cheapest borrowing options this November?

UK public borrowing exceeds official forecast in September

Treasury trims fourth-quarter borrowing estimate

Debt rule to change to fund major projects

Cabinet fightback: the revolt over spending

Corporate debts mount as credit funds let borrowers defer payments

Why home equity borrowers shouldn't wait for the November rate cut

White House extends repayment freeze for 8 million student borrowers

2 cheap ways to borrow $100,000 worth of home equity right now

Lloyds Banking Beats Views as U.K. Borrowers Remain Resilient

Biden Administration Floats Student Loan Relief for Borrowers Facing Hardship

Bond market braced for rise in UK debt issuance to £300bn this year

Beijing considers $1.4 trillion borrowing increase to support economy: Reuters

Small Business Owners More Confident About Borrowing After Rate Cut

Britain's Labour Party Bets on Big Taxes, Borrowing to Boost Economy

U.K. borrowing costs rise in volatile trade after budget delivered

Reeves eyeing £40bn in tax rises and spending cuts

Companies curb UK advertising spending ahead of the Budget

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