The new Labour Party government said it had inherited a challenging financial position and warned of tax increases and spending cuts when it reveals its budget this week.
Category: Budgets and Budgeting
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Britain Braces for ‘Painful’ Budget Meant to Recharge the Economy
The new Labour Party government said it had inherited a challenging financial position and warned of tax increases and spending cuts when it reveals its budget this week.
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France Prepares to Raise Taxes on Businesses and the Rich
France’s new prime minister, Michel Barnier, has opened the door to reversing some of President Emmanuel Macron’s tax cuts in an effort to fix the country’s widening budget deficit.
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France’s Budget Problems ‘Very Serious,’ Prime Minister Says
The French government, which missed a deadline this week to set a blueprint to lower its debt and deficit, is struggling to meet fiscal requirements set by the E.U.
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Harrison J. Goldin, 88, New York City Comptroller in Fiscal Crisis, Is Dead
He weathered the storm as the city’s chief financial officer for 16 years and jousted with Mayor Koch in a public feud and a losing primary bid to replace him.
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A Bargain at the Opera: Philadelphia Offers All Seats for as Low as $11
Seeking new audiences, Opera Philadelphia is putting in place a pay-what-you-can model, one of the first of its kind by a major opera company.
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If Your Debt Is Ballooning, There Are Steps You Can Take
More borrowers have been falling behind on their credit card bills and are paying more for basic banking services, like A.T.M. fees.
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How to Pay Off Credit Card Debt and Deal With Rising Bank Fees
More borrowers have been falling behind on their credit card bills and are paying more for basic banking services, like A.T.M. fees.
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Driving Through Eastern Canada in a Cheap R.V. Rental
When rental companies need to move their vehicles, they frequently offer one-way trips at a steep discount. Our Frugal Traveler snapped up a deal that took her through eastern Canada.
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Chancellor Rachel Reeves Axes Projects After Reviewing $28 Billion Budget Hole
Rachel Reeves, the chancellor of the Exchequer, cut some infrastructure funding and pensions benefits, adding that more “difficult decisions” would come later this year.
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Reliability of U.S. Economic Data Is in Jeopardy, Study Finds
A report says new approaches and increased spending are needed to ensure that government statistics remain dependable and free of political influence.
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Political Gridlock Will Raise the Economic Stakes in France
The French election results point to a prolonged political logjam, which may not help a country bedeviled by high debt and slowing economic growth.