Latest in Hikes Military Spending
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Russian central bank hikes interest rate to record-high 21%, to fight inflation fueled by military spending
Russian central bank hikes interest rate to record-high 21%, to fight inflation fueled by military spendingWorld - ABC News - October 25 -
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 - Yesterday -
Russia's central bank raises interest rate to 21% to fight inflation boosted by military spending
Russia’s central bank has raised its key interest rate by two percentage points to a record-high 21% in an effort to combat growing inflationWorld - ABC News - October 25 -
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 resultWorld - Financial Times - Yesterday -
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Reeves signals hike in National Insurance for firms
The chancellor was speaking at the government's International Investment Summit, where deals worth £63bn were hailed.Top stories - BBC News - October 14 -
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Hunt warns that Reeves will ‘trash’ economy with business tax hikes
Shadow chancellor says he rejected Treasury advice to raise employers’ national insurance paymentsWorld - Financial Times - October 22 -
Chancellor set to hike employers' National Insurance to raise £20bn
Rachel Reeves is also expected to lower the threshold for when employers start paying the tax, in next week's Budget.Top stories - BBC News - 6 days ago -
Treasury must compensate Scotland for tax hike - Robison
The Scottish finance secretary has warned a rise in National Insurance could cost the government £500m.Top stories - BBC News - Yesterday -
GPs demand protection from Budget tax hike
GPs are warning that a rise to National Insurance from next April could force them to cut staff.Top stories - BBC News - 7 hours ago -
Debt rule to change to fund major projects
Government claims the move contrasts with former PM Liz Truss's controversial mini-Budget.Top stories - BBC News - October 18 -
Cabinet fightback: the revolt over spending
Plus, the English justice system in crisisWorld - Financial Times - October 18 -
Woman donates kidney to a stranger she met hiking on a Utah trail
When Krissy Miller met Pastor Shiller Joseph on a Utah hiking trail, they say it was the answer to both of their prayers. Shiller was sick and needed a new kidney. Krissy had been hoping to save a ...Top stories - NBC News - October 13 -
Ryder Cup risks fan backlash after hiking ticket prices to $750
The PGA of America is facing accusations of pricing out genuine golf fans after hiking up the cost of tickets to next year’s Ryder Cup at Bethpage Black to a staggering $750 (£574) per day.Sports - Yahoo Sports - October 14 -
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Trump vows to impose tariffs as experts warn of price hikes and angry allies
In often-combative conversation with Bloomberg editor in Chicago, Trump says ‘tariff’ is his favorite word. Donald Trump doubled down on his promise to levy tariffs on all imports in a bid to ...World - The Guardian - October 15 -
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Car-Insurance Rate Hikes Were Easing. Then Came the Hurricanes.
Storms could push up insurance costs for vehicle owners in hurricane-prone areas.Business - The Wall Street Journal - October 19 -
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RH spooked customers with price hikes. These moves could be luring them back.
Art Deco-era designs, along with reclining furniture — an area RH long shied from — are resonating with shoppers, Wedbush analysts said.Business - MarketWatch - October 21 -
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Luxury, defence and construction companies hit by French tax hike
Chief executives warn that Michel Barnier’s plan will reverse Emmanuel Macron’s business-friendly reformsBusiness - Financial Times - 5 days ago -
Kamala Harris's corporate tax hike would hurt innovation, American workers
While Americans struggle to afford basic necessities, Vice President Kamala Harris continues to campaign on the same economic policies that caused inflation to skyrocket. In a speech on her ...Politics - The Hill - 4 days ago -
Warning 'pain' of tax hikes to hit jobs and pay rises
The chancellor says businesses will "contribute more" as she raises employer National Insurance to 15%.Top stories - BBC News - 2 days ago -
Businesses Ready Price Hikes on Imports to Offset Trump Tariff Costs
Many manufacturers and retailer relying on imports are already planning to pass on the added expenses from proposed protectionist duties to customers.Business - Inc. - Yesterday -
How will UK tax rises on private equity’s carried interest work?
Changes unveiled in Rachel Reeves’ Budget mean the performance fee will be treated as income from 2026Business - Financial Times - Yesterday -
Israeli military says it is "conducting precise strikes on military targets in Iran"
Israeli military says it is "conducting precise strikes on military targets in Iran"World - ABC News - October 25 -
Trump II: the military threat to Europe
Nato without the US is a hypothetical, but it could happen as early as next yearWorld - Financial Times - October 24 -
How Powerful Is North Korea’s Military?
The North’s nuclear forces have been the focus of global concern. But its conventional military is vast and empowered — even if it is hobbled by shortages, corruption and isolation.World - The New York Times - October 24 -
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.Top stories - BBC News - October 16
