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The UK government won't admit it, but tax rises are coming — and there are no good options
The U.K. government is loathe to admit it, but economists say it’s highly likely that the Treasury will have to hike taxes in the fall if it is to bung a black hole in the public finances that it has effectively created for itself. The National Institute of Economic and Social Research (NIESR) is the latest economic think tank to warn that taxes would have to rise later this year if British Chancellor Rachel Reeves is to meet her self-imposed “fiscal rules.” These rules target both a balanced or budget surplus by the end of the decade — with the so-called “stability rule” requiring that day-to-day ... (full story)
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From channelnewsasia.com|Aug 8, 2025Some Bank of Japan policymakers warned of mounting inflationary pressures and one signaled the chance of resuming interest rate increases by year-end, a summary of opinions at the ...
From finance.yahoo.com|Aug 8, 2025President Donald Trump completed the 200 days of his second term in the White House on Aug. 7, and the White House was quick to remind how the president has kept his promise of ...
From japantimes.co.jp|Aug 8, 2025In Bolivia these days, just about anything seems better than holding the local currency. The buying power of the boliviano has cratered, as trust in the once-dominant socialist ...
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From dailyforex.com|Aug 8, 2025Ethereum rallied rather significantly during the Thursday trading session as we have seen Bitcoin rally as well. This makes a certain amount of sense, because Ethereum has a long ...
From financefeeds.com|Aug 8, 2025Crypto no longer lingers at the margins of financial discourse. It now dominates its own gatherings while continuing to assert itself at traditional financial events. As ...
From imf.org|Aug 8, 2025Central banks worldwide are exploring various approaches to design retail central bank digital currencies (CBDCs) which can provide universal access and operate under all ...
