Latest in Fiscal Tug
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Europe’s fiscal tug of war
Pressure to display fiscal discipline is no less high than pressure to spend more on security and economic innovationWorld - Financial Times - October 26 -
Safety breakdown led to Greenock tug crew deaths
George Taft, 65, and Ian Catterson, 73, drowned in February last year when MV Biter capsized while assisting a cruise ship.Top stories - BBC News - November 13 -
Why chancellors need fiscal rules
Rachel Reeves’s new set-up frees up capital spending but her ability to reap benefits depends on many other thingsBusiness - Financial Times - October 25 -
Peering inside a (fiscal) black hole
Come for the snark, stay for the Soundgarden punsWorld - Financial Times - November 1 -
Trump’s Tax Proposals Face a Fiscal Reckoning
Advisers to President-elect Donald J. Trump and Republicans on Capitol Hill are already looking at ways to scale back some of his more expensive ideas.Business - The New York Times - November 7 -
Starmer to pledge to ‘embrace fiscal reality’ in the Budget
UK prime minister is facing growing criticism that planned tax rises will hit ‘working people’Business - Financial Times - October 27 -
The elusive pivot from monetary to fiscal tightening
IMF wants lower interest rates and government deficits. That looks unlikelyWorld - Financial Times - October 29 -
The UK gets it wrong again on fiscal rules
You’re a little much for me, public sector net financial liabilitiesWorld - Financial Times - November 5 -
China’s $1.4tn fiscal package fails to excite
Beijing unveils fiscal stimulus to help shore up its faltering economyWorld - Financial Times - November 11 -
Europe’s growth prospects hit by fiscal restraint
EU governments’ belt-tightening plans come at a time when more investment is needed and growth is weakWorld - Financial Times - November 14 -
Jeremy Hunt attempts to block watchdog report on £22bn ‘fiscal hole’
Former chancellor argues publication on Budget day will be used by Labour as ‘political weapon’Business - Financial Times - October 29 -
UK’s rising fiscal burden narrows tax gap with Europe
Britain’s fiscal picture is closer to EU averages than it has been for decadesBusiness - Financial Times - October 30 -
Barclays’ chief defends Reeves as business criticises Budget tax rises
Retail and hospitality bosses warn UK chancellor that national insurance changes will lead to job lossesBusiness - Financial Times - October 31 -
China’s lawmakers gather to approve long-awaited fiscal stimulus
Local governments have been weighed down by trillions of dollars of debtWorld - Financial Times - November 4 -
BoE expected to cut interest rates despite looser fiscal policy
UK central bank focused on longer-term picture of slowing inflation even as Budget predicted to increase near-term demandWorld - Financial Times - November 4 -
China announces $1.4 trillion package over five years to tackle local governments' 'hidden' debt
Authorities in Beijing have ramped up stimulus announcements since late September in an effort to bolster its flagging economy.Business - CNBC - November 8 -
Fiscal policy was a squabble too far for German coalition’s odd throuple
At times it felt like the three parties thought they were governing three completely different countries. Germany’s coalition government, which collapsed in dramatic fashion on Wednesday night ...World - The Guardian - November 8 -
Will Friedrich Merz get Germany to abandon its fiscal fetish?
Opposition leader in pole position to become chancellor will inherit controversial ‘debt brake’Business - Financial Times - November 11 -
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Treasury market under Trump at risk from inflation, not larger fiscal deficit, says analyst
The danger to the Treasury market from a second Donald Trump presidency comes not from a sharp increase in bond issuance but revived price pressuresBusiness - MarketWatch - October 25 -
Europe can learn fiscal lessons from the UK on how to achieve its goals
A co-ordinated reform agenda is crucial if the EU is serious about becoming a climate leader and geopolitical playerBusiness - Financial Times - November 1 -
Small Business Administration-Backed Financing Rose to $56 Billion in Fiscal Year 2024
Smaller loans made up for much of the additional funding.Business - Inc. - November 8 -