Tag: Government budgets

Financial market worries over the UK budget appear to ease

LONDON -- Worries about this week's tax-raising U.K. budget within financial markets appeared to ease Friday with the interest rates charged on British...

UK Treasury chief admits business tax rise could lead to lower than anticipated wages

LONDON -- U.K. Treasury chief Rachel Reeves conceded Thursday that wages may rise by less than previously thought as a direct result of...

More spending and tax hikes expected in the first budget from Britain's Labour government

LONDON -- British Treasury chief Rachel Reeves will deliver her first budget in Parliament on Wednesday, a tightrope act that aims to find...

Germany's economy isn't growing. But its quarrelsome government can't agree on a way forward

BERLIN -- Germany's economy isn't growing and the governing coalition has a lot of ideas on how to fix it. But it can't...

House passes temporary bill to avoid shutdown as lawmakers punt spending decisions to December

WASHINGTON -- The House has passed a temporary measure that would keep federal agencies funded when the new fiscal year begins next Tuesday...

Britain's Treasury chief tries to turn on the economic optimism after months of gloomy talk

LIVERPOOL, England -- British Treasury chief Rachel Reeves will pledge Monday not to return to an era of public spending cuts despite the...