Illinois Governor Redirects Gambling Revenue in Budget Move
Governor JB Pritzker proposes redirecting millions in gambling taxes to plug budget gaps, drawing criticism over funding priorities and social responsibility.
Category : Search result: austerity budget
Labour's Pension Tax Raid: Budget Threatens Retirement Plans
Rachel Reeves's first budget could target pension tax relief in major revenue-raising move, potentially ending 25% tax-free lump sums for millions of UK workers.
Labour unveils new taxes on wealthy in emergency budget
In a dramatic emergency budget, Chancellor Rachel Reeves has announced sweeping new taxes targeting Britain's wealthiest citizens while blaming Brexit and Conservative policies for the nation's economic crisis.
Rachel Reeves: Brexit Has Failed Britain's Economy
Shadow Chancellor Rachel Reeves delivers blistering critique of Conservative economic policies, blaming Brexit and austerity for Britain's economic woes while outlining Labour's alternative vision.
Reeves gives OBR veto power over budgets
Shadow Chancellor pledges to give Office for Budget Responsibility unprecedented veto power over major tax and spending decisions, learning from Truss's disastrous mini-budget.
Two-Child Benefit Cap Under Review in Labour Budget
Exclusive: Cabinet minister signals potential end to controversial two-child benefit limit while Labour prepares massive tax hikes targeting Britain's wealthiest in autumn budget showdown.
Reeves challenges OBR authority in economic power play
Labour Chancellor Rachel Reeves launches bold bid to reshape UK economic oversight, seeking to reduce the Office for Budget Responsibility's influence over fiscal policy in dramatic Whitehall shake-up.
The False Economy of Public Service Cuts
New economic analysis reveals how short-term spending cuts on essential services create massive long-term costs for taxpayers and communities across Britain.
CEOs ditch private jets in cost-cutting revolution
Britain's corporate leaders are dramatically scaling back lavish perks including private jets and luxury hotels as economic pressures force unprecedented austerity measures at the highest levels of business.
Reeves: Treasury has 'no money' left for Labour government
Chancellor Rachel Reeves reveals Treasury discovered 'no money' left as Labour prepares emergency budget to stabilise UK economy and deliver growth plan.
Argentina's Economic Crisis Deepens Under Milei
President Javier Milei confronts escalating economic turmoil as inflation soars and social unrest grows, testing his controversial austerity measures in Argentina.
Reform UK's failed cuts force 5-year Kent tax hike
Exclusive investigation reveals how Reform UK's controversial 'DOGE-style' austerity measures backfired, leaving Kent residents facing years of increased council tax bills amid financial turmoil.
Morocco protests over subsidy cuts turn violent
Morocco faces social unrest as thousands protest against government austerity measures, with demonstrations turning violent in several cities amid rising living costs.
Trump Threatens 2025 Government Shutdown Over Border Wall
Political tensions escalate as former President Donald Trump pressures Republicans to force a government shutdown unless Democrats approve $15 billion for border wall construction, setting the stage for a major fiscal crisis in early 2025.
Macron's popularity slumps to record low amid mass protests
French President Emmanuel Macron faces a historic crisis as his approval ratings crash to an unprecedented low following massive nationwide protests against his government's austerity measures.
Best Cheap Hotels in the Lake District 2024
Unlock the magic of the Lake District without breaking the bank. Our expert guide reveals the top cheap hotels, from historic inns to modern retreats, perfect for your next adventure in England's most stunning national park.
Australia's £50BN Debt Interest Time Bomb
Australia is facing a severe fiscal crisis as interest payments on its national debt are projected to skyrocket, consuming an ever-larger portion of the federal budget and threatening future economic stability.
France paralysed by mass strikes over austerity budget
Hundreds of thousands of workers bring France to a standstill in a massive day of strikes and demonstrations, demanding Prime Minister Gabriel Attal scraps deep public spending cuts.
Hunt's Pre-Election Budget Walks Fiscal Tightrope
Exclusive analysis: Chancellor Jeremy Hunt prepares a pivotal pre-election Budget, walking a tightrope between voter-friendly tax cuts and fiscal responsibility as the UK economy sends mixed signals.
OBR Downgrade Piles Pressure on Chancellor Reeves
The UK's fiscal watchdog has delivered a major blow to the government's economic plans, downgrading a crucial productivity forecast and threatening billions in planned public spending.
Europe's Best Budget Destination Revealed: Sunny Beach
A travel writer discovers why Sunny Beach, Bulgaria, is crowned Europe's top budget destination, with pints for under £2, stunning beaches, and incredible food.
Unite leader slams Labour over Birmingham job losses
Unite leader Sharon Graham accuses the Labour Party of abandoning workers in Birmingham as the city faces devastating job losses and financial crisis, vowing to put her union's members before party politics.
Magaluf Holidays Under £300: Budget Travel Guide
Exclusive travel hack reveals how savvy female travellers are scoring week-long holidays in Magaluf for less than £300, including flights and accommodation. Discover the secret to an affordable Spanish getaway.
Budget Shock: Hunt Plans Pension Tax Relief Overhaul
Exclusive: Jeremy Hunt considers major overhaul of pension tax-free lump sum rules in the upcoming budget, potentially affecting millions of savers' retirement plans.
Australia's Budget Soars: Record $44bn Surplus Sparks Tax Debate
Australia's budget surplus hits a staggering $44bn, nearly double previous forecasts, igniting fierce political debate over tax cuts and cost-of-living relief ahead of the next election.
Badenoch Slams Labour's Budget Plans as 'Fantasy Economics'
Chancellor Rachel Reeves's first major fiscal event faces fierce criticism from former Tory leadership contender Kemi Badenoch, who warns of 'fantasy economics' and accuses Labour of planning to 'max out the country's credit card'.
Argentina's Milei Faces Ultimate Election Test Over Radical Reforms
President Javier Milei's controversial austerity programme and radical economic reforms face a decisive verdict as Argentina heads to the polls. This analysis examines the high-stakes battle shaping the nation's future.
Canberra Health staff told to bring their own toilet paper
The ACT Health Directorate in Canberra has sparked outrage after instructing employees to supply their own toilet paper, hand soap, and tea towels in a bizarre austerity drive. The move has been branded 'penny-pinching madness' by furious staff and union
NYC's Pod Times Square: Luxury Budget Hotel From £57/Night
Discover Pod Times Square, the revolutionary budget hotel in the heart of New York City offering compact yet stylish pods from just £57 per night. Perfect for savvy travellers seeking prime location without the luxury price tag.
Scotland's benefits bill crisis may force tax hikes and cuts
Scottish ministers confront stark warnings as the nation's soaring benefits expenditure threatens to trigger significant tax increases and austerity measures, testing the limits of devolved powers.
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