Governments Tightening Budgets

Why state governments are tightening their budgets

State governments in the U.S. must tighten budgets or take on more debt to manage declining revenues, long-standing liabilities and emerging risks.

Business - CNBC - November 6

Reeves embarks on Budget that will define Labour government

Prime minister and chancellor aim to convey sense of joint purpose ahead of long-awaited fiscal event on Wednesday

Business - Financial Times - October 28

Extra £1.7bn for Welsh government in UK Budget

The chancellor also announces cash for coal tip safety and green hydrogen projects in Wales.

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

Britain's Labour government to deliver debut Budget this week, settling weeks of uncertainty

U.K. Finance Minister Rachel Reeves will deliver the government's hotly awaited debut budget on Wednesday, putting to bed weeks of uncertainty over potential tax hikes and spending cuts.

Business - CNBC - October 28

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

BBC World Service secures Budget bump in government funding

Executives warned that previous cuts left the UK struggling to counter a rise in Russian and Chinese propaganda

Business - Financial Times - October 31

Le Pen threatens to bring down French government over budget dispute

National Rally hardens tone against PM Michel Barnier, warning that hit to citizens’ purchasing power is ‘red line’

World - Financial Times - 3 days 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 - October 30

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

UK borrowing costs soar day after Labour government unveiled tax-raising budget

U.K. bond yields spiked sharply Thursday after the ruling Labour Party unveiled a sweeping package of tax hikes and increased borrowing.

Business - CNBC - October 31

The OBR’s mean decision on quantitative tightening

About that headroom…

World - Financial Times - October 30

Starmer tightens rules on gifts to ministers

It comes after the PM and other cabinet ministers have faced criticism for accepting freebies.

The OBR should trust markets on the cost of quantitative tightening

Rules of thumb aren’t helping

World - Financial Times - October 29

The elusive pivot from monetary to fiscal tightening

IMF wants lower interest rates and government deficits. That looks unlikely

World - Financial Times - October 29

States tighten security at polls amid threats

Officials in just about every state have been working to ensure that this year's election is the most secure ever. But it's not just the ballots that they're concerned about, it's the polling ...

Kansas tightens grip on No. 1; Purdue soars to 6

Kansas added five first-place votes in the AP Top 25 men's basketball poll, strengthening its grip on the No. 1 spot, while Purdue jumped seven spots to No. 6.

Sports - ESPN - 5 days ago

China Tightens Its Hold on Minerals Needed to Make Computer Chips

Already the dominant producer of rare minerals, Beijing is using export restrictions and its power over state-owned companies to further control access.

Business - The New York Times - October 28

Police tighten security as thousands gather for Trump rally at Madison Square Garden

Former President Donald Trump is set to speak at a rally in New York City. NBC News’ Vaughn Hillyard reports from Madison Square Garden where police have tightened security around the arena.

Sainz wins Mexico City Grand Prix as Norris tightens championship fight

Carlos Sainz Jr. won the Mexico City Grand Prix on Sunday and Lando Norris closed the gap in the Formula 1 championship race after another contentious battle with Max Verstappen

Sports - ABC News - October 28

State of the Race: National Polls Tighten With 8 Days to Go

State polls remain steady, and two new polls in Texas and Nebraska show Senate control may still be in play.

Top stories - The New York Times - October 28

"Three Meals": Texas Senate race tightens as voters head to the polls

"CBS Morning" series "Three Meals" heads to Texas, where a close race between Sen. Ted Cruz and Rep. Colin Allred reflects a shifting political landscape. With Election Day just a week away, Omar ...

North Carolina race tightens as Trump holds narrow lead over Harris

With the battleground tracker showing a slim lead for former President Donald Trump, the race in North Carolina remains too close to call. CBS News' Skyler Henry reports from North Carolina, where ...

Early voting breaks records as the White House race tightens

On the eve of Election Day, early voting numbers reach unprecedented levels. CBS News Elections Director Anthony Salvanto looks at each party's route to securing the presidency.

Trump’s lead over Harris in betting market erodes as platforms tighten odds

Top platforms had placed Republican ahead but Democrat is catching up and even leads on one app. US election 2024 live: latest polls, results and updates Betting markets have narrowed ...

World - The Guardian - November 4

UK ‘falling behind’ on sewage pollution regulation while EU tightens rules

EU member states agree to update urban waste water treatment directive. The UK is falling further behind on sewage pollution regulation as the EU tightens its rules to clean up Europe’s waterways, ...

World - The Guardian - November 6

Pakistan Authorities Tighten Grip on Power With Controversial Legal Changes

Critics of the government have accused it of taking the country in an increasingly authoritarian direction in a bid to fend off any challenge from Imran Khan.

World - The Wall Street Journal - November 7

Interpol Tightens Oversight After Autocrats Target Its Databases

The changes are intended to stop governments from using the world’s largest police organization to harass and monitor political dissidents.

World - The New York Times - November 7

Biden administration tightens sage grouse protections ahead of second Trump term

The Bureau of Land Management (BLM) on Friday issued updates aimed at strengthening its proposed protections for the greater sage grouse — an iconic bird that inhabits public lands across the U.S. ...

Politics - The Hill - November 8

Biden administration to restrict drilling, renewables in the US West to help struggling bird

U.S. officials are proposing tighter restrictions on oil, solar and wind energy development across more than 6,500 square miles of federal land in the U.S. West

Tech - ABC News - November 8

GameStop appoints Nat Turner to board, tightens links with Collectors

Collectors Holdings CEO Nat Turner has joined the board of video game retailer and original meme stock GameStop.

Business - MarketWatch - 5 days ago

Three tests for Britain’s Budget

Reeves must stabilise the economy, and pave the way for higher growth

Business - Financial Times - October 27

How are investors preparing for the Budget?

Executives are seeking to minimise their exposure ahead of what could be the biggest tax-raising statement for a generation

Business - Financial Times - October 29

Claer Barrett’s Budget debrief

The FT’s consumer guru offers her round-up of the eight best Budget stories to help you make sense of it all

World - Financial Times - October 31

The Budget: NHS, Wages and Farms

How are these areas impacted by the Budget?

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