News

Tax hikes would ‘take strain’ as headroom shrinks
Pantheon Macroeconomics’ Elliott Jordan-Doak said that the government is likely to increase taxes to “take the strain” of ...
UK Government borrowing exceeds forecast as tariffs to weigh on public purse
The latest figures from the Office for National Statistics show public sector net borrowing rose to £151.9 billion in the ...
Britain posts much bigger budget deficit for 2024/25 than expected
Britain's government borrowed almost 15 billion pounds more in the financial year that just ended than official budget ...
Britain Posts Bigger Than Expected Budget Deficit for 2024/25
LONDON (Reuters) -Britain's government borrowed 151.9 billion pounds ($202.07 billion) over the course of the 2024/25 ...
UK Budget Deficit Overshot Forecast Even Before Tariffs Hit
UK government borrowing exceeded official forecasts made just last month, highlighting the fragile state of the public ...
Federal News Network15h
After decades of critiquing this agency, now he’s helping run it
"The best way to describe the Office of Governmentwide Policy in GSA is that it's the field army for the Office of Management and Budget," said Larry Allen.
The Pantagraph15h
Citing growing list of duties, Illinois’ Raoul seeks $15M increase in AG budget
Kwame Raoul’s proposed increase would bring next year’s general revenue fund budget to more than $120 million. Since 2019, ...
NBC Los Angeles17h
What to know about Mayor Bass' proposed Los Angeles budget
Mayor Karen Bass unveiled a spending plan for the city of Los Angeles. Here's what to know about budget increases, decreases ...
Charlestown Patriot-Bridge6d
Looking at the FY26 Budget that Prioritizes delivery of City Services and Fiscal Responsibility
Last week Mayor Michelle Wu filed the Fiscal Year 2026 annual operating budget and five-year 2026-2030 Capital Plan. The FY26 budget reflects stabil ...