Category: Budgets and Budgeting

CNN Cuts Back on Original Series and Films

Acquired and commissioned documentary movies and TV shows like ‘Navalny’ and ‘Stanley Tucci: Searching for Italy’ are going away.
CNN to Cut Costs Before End of Year

“These changes will not be easy, because it will affect people, budgets and projects,” Chris Licht, the head of CNN, told staff members.
As Inflation Stalks Europe, Leaders Shudder

The downfall of Britain’s prime minister served as a warning to all of the political peril that awaits those who fail to address the erosion of living standards, no matter the cause.
Britain Scales Back Foreign Aid, Threatening Progress in Global Health

The nation is often the second-largest donor to groups working in poor countries to prevent and treat infectious diseases, and to provide reproductive health services to women.
Liz Truss’s New Economic Agenda Looks a Lot Like the Labour’s

After a blowback over her budget-busting tax cuts, Britain’s prime minister has junked her free-market plans and adopted several measures favored by Labour.
Amid Inflation, Retailers Brace for Strapped Holiday Shoppers

Retailers have navigated pandemic closures and supply chain snarls in recent years. But dealing with the fallout from inflation could be an even tougher test.
U.K. Markets Slump Despite Kwasi Kwarteng’s Ouster

Kwasi Kwarteng, the chancellor of the Exchequer, was fired on Friday by Prime Minister Liz Truss in a bid to end weeks of market turmoil.
Liz Truss Stirs Uncertainty Over the U.K.’s Economic Plans

Prime Minister Liz Truss appeared to rule out cuts in public spending, as doubts about the fiscal soundness of the government’s program continued to roil the markets.