Budget, Rachel Reeves
Budget 2024 – latest: Reeves under fire for national insurance plans as tax rises still to come
Rachel Reeves will announce Labour’s first Budget in 15 years later this month, leading one of the most highly-anticipated fiscal events in over a decade.As the chancellor looks to fill the £22bn “black hole” in public spending she announced in late July,
Reeves to target £40bn of tax rises and spending cuts in Budget
Rachel Reeves is to look at raising £40 billion in tax rises and spending cuts in the Budget. The Chancellor wants to inject money into the NHS and ensure that no government department has to endure a real-term spending cut this year.
Reeves Faces Cabinet Unease Over £40 Billion Hunt for Budget
Reeves, who has said the new Labour government inherited a £22 billion fiscal hole from the Conservatives, is determined to use her Oct. 30 budget to give herself a buffer against her target of ensuring day-to-day spending is covered by tax revenues ...
Reeves to target black hole of over £25bn in Budget
Figure is significantly more than the £22bn the government previously said affected this year’s public finances
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.
Reeves eyes up to £40bn in tax rises and spending cuts in Budget
The Chancellor told ministers on Monday that plans to fill a £22 billion black hole would be enough only to ‘keep public services standing still’.
Anticipated Subsidy Cuts and New Taxes
Rachel Reeves’s invidious choices in the Budget
As the FT’s chancellor game shows, the new ‘golden rule’ is her binding constraint. Meeting it could bolster fiscal credibility ...
Budget 2024: how will the government raise revenue?
When Rachel Reeves gets up to deliver the Budget speech on 30 October it will be a "huge moment", not only because it will be ...
Embattled Oakland Mayor Sheng Thao faces looming budget crisis, recall vote
In Oakland Tuesday, the city's budget woes and a pending recall vote were in the spotlight as supporters and opponents of ...
Italy to take 3.5 billion euros from banks, insurers to fund budget
Italy's government plans to raise 3.5 billion euros ($3.81 billion) from domestic banks and insurers, Prime Minister Giorgia ...
France’s budget battle: Why the government’s plan to plug the deficit is sparking an outcry
France’s new government has unveiled its 2025 belt-tightening budget bill, with plans for major tax hikes and spending cuts ...
Portugal’s Far-Right Chega Party to Vote Against Budget Plan
Portugal’s far-right Chega party, the third-biggest political force in parliament, plans to vote against the 2025 budget plan ...
UK finance minister Reeves looks to raise 40 billion pounds to fill 'big gap' in budget
British finance minister Rachel Reeves is eyeing tax rises and spending cuts to a value of around 40 billion pounds ($52 ...
Wilkes-Barre mayor announces 2025 General Budget
The 2025 General Budget for Wilkes-Barre was announced on Tuesday by Mayor George Brown. The budget does not pose a tax ...
Facing a potential 2025 budget shortfall, Craig, Kelly avoid specifics in debate
Joyce Craig and Kelly Ayotte made many economic differences clear during a debate Tuesday. Ayotte, the Republican ...