government-funding
FinanceEnglish University Fees to Rise for First Time Since 2017 to Try to Fix Funding Crisis
Top StoriesEnglish University Fees to Rise for First Time Since 2017 to Try to Fix Funding Crisis
FinanceGerman Budget Deal to Save Coalition Is Possible, Scholz Ally Says
FinanceNew UK Debt Chief Sees Ready Appetite for More Bond Issuance
Factbox-Key Measures in UK Labour Party’s First Budget in Nearly 15 Years
Date: October 31, 2024
LONDON (Reuters) – British finance minister Rachel Reeves presented her first budget statement to parliament on Wednesday, unveiling the biggest tax rises since 1993 and changes to the government’s fiscal rules to increase borrowing for investment. Below are the main points from her speech: NEW FISCAL RULES Reeves said she would eliminate the current budget...
UK Economy Forecast to Grow 2.0% in 2025, Finance Minister Says
Date: October 30, 2024
LONDON (Reuters) – Britain’s economy is forecast to grow by 2.0% next year, finance minister Rachel Reeves said on Wednesday, citing the latest projections from the Office for Budget Responsibility. The new figure compared with a growth forecast for 2025 of 1.9% in the OBR’s previous outlook published in March, when the former Conservative government...
Wanted: Norwegians to Help Form Future of Country’s $1.8 Trillion Piggy Bank
Date: October 30, 2024
By Gwladys Fouche OSLO (Reuters) – Some 40,000 Norwegian citizens picked at random will next month receive an invitation to help shape the future of their country’s wealth, including what to do with its $1.8 trillion sovereign wealth fund, the world’s largest. They will be whittled down to 66 to take part in the Future...
Reaction to Reuters Report on China’s Stimulus Plans
Date: October 29, 2024
(Reuters) – China is considering approving next week the issuance of over 10 trillion yuan ($1.4 trillion) in extra debt in the next few years to revive its fragile economy, two sources with knowledge of the matter said. The fiscal package is expected to be further bolstered if Donald Trump wins the Nov. 5...
UK Budget to Give Health Service Huge Boost, Reeves Says
Date: October 29, 2024
LONDON (Reuters) – Britain’s finance minister Rachel Reeves will announce billions of pounds in funding for the National Health Service (NHS) in Wednesday’s budget that will go towards buying new equipment for hospitals and increasing the number of operations. Prime Minister Keir Starmer has said tax rises will be necessary to rebuild Britain’s public...
UK to Cap Bus Fares in England at Three Pounds in 2025, Say PM Starmer
Date: October 29, 2024
LONDON (Reuters) – Britain’s new government will cap bus fares in England at three pounds ($3.89) in 2025, an increase from an existing scheme which expires at the end of the year and caps the fare at two pounds, British Prime Minister Keir Starmer said on Monday. ($1 = 0.7705 pounds) (Reporting by...