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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 - 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

Germany's Merz open to reforming debt brake on government spending

World - Yahoo News - November 13

Will Elon Musk be able to cut $2 trillion from US government spending?

The Tesla CEO claimed he could slash US spending by eradicating “waste”.

How Musk’s Department of Government Efficiency May Try to Slash Federal Spending

President-elect Donald J. Trump has tasked Elon Musk and Vivek Ramaswamy with identifying ways to cut the budget. The hard part comes next.

Top stories - The New York Times - November 16

UK spending watchdog refuses to sign off government accounts

National Audit Office criticises ‘material and pervasive’ gaps in public sector audits

Business - Financial Times - Yesterday

At last, a government willing to spend – but this budget will expose it to two great dangers | Aditya Chakrabortty

The good news: more money is on the table. The problems lie around how it will be raised – and who doesn’t stand to benefit. Change. That’s what Keir Starmer promised, isn’t it? In white letters ...

World - The Guardian - October 31

Argentina's Milei is a VIP at Mar-a-Lago as Trump, Musk embrace his attacks on government spending

President Javier Milei of Argentina has won support from Donald Trump and Elon Musk for his agenda of drastic government spending cuts.

Business - CNBC - November 15

Khanna: Musk may get 'frustrated fairly quickly' with process to cut government jobs, spending

California Rep. Ro Khanna (D) said Elon Musk may get “frustrated” while working through the ranks to cut unnecessary government spending. “I think Elon may get frustrated fairly quickly,” Khanna ...

Politics - The Hill - 5 days ago

Musk’s ‘DOGE’ commission wants to cut trillions in government spending. Social Security and Medicare make prime targets.

Voters said they’ve had enough hardship. But Elon Musk says more is needed.

Business - MarketWatch - 4 days ago

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 result

World - Financial Times - October 31

Is the UK spending enough on defence?

And what Trump 2.0 could mean for Ukraine.

Spend $1,800 On Jewelry, Get A PS5

The holiday season is coming up, and if you're looking to spend a lot of money on jewelry, you could get a PlayStation 5 for "free." Premium jewelry brand Helzberg has announced a new and ...

Tech - GameSpot - November 12

Will DOGE put spending on the chopping block?

President-elect Donald J. Trump has tapped Elon Musk and Vivek Ramaswamy to head up a non-governmental Department of Government Efficiency to recommend what government programs should be cut, with ...

Politics - The Hill - 6 days ago

Germany's Fractious Government Collapses

German Chancellor Olaf Scholz dismissed a pro-business party from his governing coalition, ending a three-year alliance marked by increasing internal dissent and political stasis.

World - The Wall Street Journal - November 6

The British government’s Trump dilemmas

Relations with both the US and EU are now called into question

Business - Financial Times - November 11

How to strengthen government machinery

Much-needed update of special adviser role must also improve support for opposition parties

World - Financial Times - November 19

Musk's plan to shrink the government

Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story Musk, Ramaswamy tee up mass layoffs, rule rollbacks under Trump Tech entrepreneurs Elon Musk and Vivek ...

Politics - The Hill - 6 days ago

Harris to spend election night at Howard University

Vice President Harris will spend election night at Howard University, her alma mater in Washington, D.C., a source familiar told The Hill. Harris primary home is in California, but she has chosen ...

Politics - The Hill - October 30

Chris Mason: A change-making Budget and a moment of jeopardy

The government's fate will depend on whether it can make things better, says political editor Chris Mason.

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 budgets

World - Financial Times - October 30

The Papers on the Budget: 'Spending power' and 'nightmare on Downing Street'

Reactions to the Budget, which saw large rises in both tax and public spending, lead the papers.

Workers warned Budget tax rises will hit their wages

Economists say tax rises in the Budget will mean employers have less to give as pay rises.

Meta and Microsoft Won’t Stop Spending on AI

Both tech giants reported strong third quarters but their stocks fell anyway.

Business - Inc. - October 31

Abortion-rights groups outspend opponents by more than 6 to 1 in ballot measure campaigns

The groups promoting abortion-rights amendments on the ballots in nine states have outraised their opponents by more than 6 to 1 and are spending far more on ads

Health - ABC News - October 31

U.K. Budget Makes a Big Bet on Spending for Growth

The Labour Party is betting that extra spending on public services and more investment will eventually revitalize the country’s stagnant economy.

Business - The New York Times - October 31

Rachel Reeves loosens UK welfare spending target

Ceiling rises 20% over 5-year period to £200bn to avoid ‘having to take short-term decisions’

World - Financial Times - November 2

How Harris and Trump are spending eve of Election Day

Vice President Kamala Harris and former President Donald Trump are spending the last hours of the 2024 presidential race making their final pitches at rallies in several battleground states. CBS ...

Where Harris and Trump will spend election night

Vice President Harris will spend election night at Howard University, her alma mater, while former President Trump will spend it at his Mar-a-Lago resort in Palm Beach, FL.

Politics - The Hill - November 5

Elon Musk to watch results with Donald Trump

The tech billionaire has aggressively campaigned for the Republican candidate in swing states across the country.

How Harris and Trump are spending election night

Election Day 2024 is finally underway, and Americans are waiting to learn who will be the next occupant of the Oval Office. CBS News' Nancy Cordes and Tony Dokoupil report on how Vice President ...

The Crypto Industry’s Spending on the Election Pays Off

The spending spree fueled a string of victories on Tuesday for congressional candidates who had expressed support for cryptocurrencies.

Business - The New York Times - November 8

Defence chief calls for more spending on military

Treasury minister Darren Jones says defence spending should rise to 2.5% of GDP, but avoids saying by when.

Why Are Cities Still Spending Big on Convention Centers?

Cities are spending more than ever to land the biggest events, but companies have long pulled back on spending for annual conferences and attendance has dwindled.

Business - The New York Times - November 11

'Soaring baby milk prices mean I feel punished for not breast feeding'

Parents say they feel penalised by the high cost of formula, which cannot be discounted under the law.

Harris campaign's spending comes under scrutiny

Vice President Harris’s campaign is seeing growing scrutiny over its spending strategy as Democrats continue to reckon with her devastating loss to President-elect Trump. Harris’s campaign blew ...

Politics - The Hill - November 19

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