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U.S. budget deficit in fiscal 2024 swells to third-highest level on record
The federal budget deficit for fiscal 2024 was $1.8 trillion, up 8% from a year ago, as the government’s spending continued to swamp revenue.Business - MarketWatch - October 19 -
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From the budget to waxing: Edith Pritchett’s week in Venn diagrams – cartoon
Continue reading...World - The Guardian - October 21 -
Reeves banks on big Budget wheeze to reconcile Labour’s pledges
Continuing Tory ‘stealth’ freeze on thresholds pulls many middle earners into higher rate, but carries risksWorld - Financial Times - October 21 -
UK capital gains tax receipts surge ahead of Budget
Revenue rises 16.3% between July and September as investors rush to get ahead of expected rate increaseBusiness - Financial Times - October 22 -
Liz Truss’s mini-Budget: lessons from a moronic episode
Central banks should not deny they will act in a crisis and Labour’s Budget is not another Truss momentWorld - Financial Times - October 22
