Rachel Reeves promised that she would only have one major fiscal event each year. Yesterday she delivered on that promise. No significant tax changes. And the two substantive spending changes had ...

Reeves's attempts to shore up the public purse are constrained by her own fiscal rules and her pledge not to increase taxes, raising the prospect of spending cuts. The rules prevent her from ...

Fiscal policy is enacted by a country’s government through spending and taxes to influence a nation’s economic conditions. To help fight a recession, fiscal policy may aim to lower taxes and ...

The plans mark a turning point after years of underinvestment and hesitation in German defense policy ... impact of such massive spending increases on the country's fiscal stability.

BRUSSELS — It was one of the most dramatic and radical policy reversals ... risked violating a fiscal framework that Berlin had fought long and hard to implement at EU level — one that included fines ...

may not see a recovery in fiscal 2026, analysts said, after Accenture (ACN.N), opens new tab flagged weak discretionary spending and demand in its quarterly report. Performance of India's IT ...

U.S. Defense Secretary Pete Hegseth said wasteful spending is over as he signed a memo to cancel over $580 million in Department of Defense (DoD) contracts. "We're back with another quick update ...

The US Federal Reserve’s decision to keep its policy ... spending, boost borrowing activities, and improve liquidity in the market, he added. Many analysts anticipate that the RBI could cut ...

BofA Securities has reinforced expectations of a 100 bp rate cut by the RBI MPC in this cycle. (Image: PTI) BofA Securities has reinforced expectations of a 100 bp cut in this cycle including the ...

meaning a swathe of spending cuts are needed to balance the books after the Bank of England reduced its forecasts for growth this year. Ben Zaranko, associate director at the Institute for Fiscal ...

Included in Republican lawmakers' recommendations for how the Defense Department should spend in fiscal 2025 is a proposed cut to the Air Force's Collaborative Combat Aircraft program, depicted here.