UK’s unpopular government delivers tax-raising budget
Digest more
The Labour Welsh government has lost a vote in the Senedd, after opposition members joined together to attack the UK government's Budget. A motion written by the Conservatives and backed by Plaid Cymru accused Sir Keir Starmer's government of failing to deliver for Wales.
Britain’s Labour Party government is set to deliver a high-stakes budget aimed at fixing public finances and boosting economic growth. It's a tough task.
The plan presented by the chancellor of the Exchequer, Rachel Reeves, called for spending increases and higher taxes on the wealthy and the middle class.
IFS accuses Rachel Reeves of breaking tax manifesto promise in damning Budget verdict - Reeves admits Budget will mean working people will have to ‘contribute a bit more’ - but denies breaking manifes
I was struck, no, dumbfounded by this: Debt funded all federal government spending in 2025. The federal government plans to spend a total of $7 trillion in fiscal 2025 but only bring in $5.16 trillion in revenue. That leaves a deficit of approximately $1.8 ...
Sánchez’s struggle to govern isn’t always so serendipitous. Among examples, a measure to raise taxes for energy companies was later reversed by lawmakers and a punitive levy on foreign home buyers that could have driven higher revenue still hasn’t materialized.
LANSING (WXYZ) — Governor Gretchen Whitmer signed a continuation budget early Wednesday morning to keep Michigan's government open temporarily. “The Michigan ...
Congress is threatening another “government shutdown” as the September 30 deadline approaches. But here’s what most Americans don’t understand: Government has never shut down. Not once. What people call “shutdowns” affect only the most visible ...
The Belgian government on Monday reached an agreement on its budget for next year after months of tense negotiations, Prime Minister Bart De Wever said.
Experts said the market was placated by forecasts for a larger fiscal buffer and a credible path to lower government borrowing.