Treasury official fails to divest assets, ethics probe looms
A senior US Treasury official, Scott Bessent, has failed to divest from certain financial assets, sparking ethical and legal scrutiny over potential conflicts of interest.
Category : Search result: US Treasury
US National Debt Hits Record High Under Trump and Biden
The US national debt has surged to unprecedented levels, with both Trump and Biden administrations contributing to the staggering increase, according to the latest Treasury Department report.
Inheritance Tax Reforms Expected in Autumn Budget
Speculation grows as the UK Treasury considers major changes to inheritance tax ahead of the Autumn Budget. Will thresholds rise or will loopholes close?
Reeves: No Labour inheritance tax hike
Shadow Chancellor Rachel Reeves dismisses rumours of Labour increasing inheritance tax, reaffirming party's stance ahead of the Autumn Budget.
GOP demands Treasury release Biden financial records
US Republicans escalate demands for transparency as they push the Treasury Department to disclose President Biden's financial records, deepening political divisions in Washington.
UK eyes inheritance tax reforms to tackle deficit
The UK Treasury is considering reforms to inheritance tax as part of efforts to address the growing budget deficit, with potential changes expected to impact wealth distribution and government revenue.
Elizabeth Line expansion plan faces Treasury scrutiny
The proposed extension of the Elizabeth Line to Birmingham, Manchester, and Leeds promises to revolutionise UK rail travel, but Treasury hesitations loom.
Australia lifts PwC ban after Treasury scandal
The Australian Labor government has reversed its ban on PwC after the firm addressed misconduct linked to a Treasury scandal. Read the latest developments.
Badenoch criticises OBR over economic forecasts
Business Secretary Kemi Badenoch criticises the Office for Budget Responsibility, accusing it of undermining growth with pessimistic economic projections.
Reeves announces Treasury reform plan to boost UK economy
Shadow Chancellor Rachel Reeves outlines sweeping Treasury reforms aimed at revitalising Britain's economic strategy, with a focus on stability and growth.
Treasury expands to Midlands with new tech hub
The UK Treasury is expanding its second headquarters to the Midlands, creating 200 jobs and boosting the local tech economy. The move aims to decentralise Whitehall operations and support regional growth.
Treasury relocates key office to Cornwall's Falmouth
The Treasury has announced plans to move a significant office from London to Falmouth, Cornwall, bringing high-skilled jobs and investment to the region.
Gambling industry lobbies against tax hikes
The UK gambling sector is intensifying lobbying efforts to persuade ministers against raising taxes, deploying high-profile figures and strategic campaigns to sway Treasury decisions.
Albanese tax hike plan faces fierce backlash
Australian PM Anthony Albanese's proposed tax changes spark outrage as critics warn of financial strain on families. Treasury forecasts reveal potential long-term impacts.
New 6.2% NS&I bonds launched by UK Treasury
The UK Treasury introduces a fresh NS&I bond with an attractive 6.2% annual return, providing savers a secure investment option amid economic uncertainty.
Reeves recruits economic heavyweights to streamline advice
Chancellor Rachel Reeves is assembling a team of heavyweight economic advisers to refine policymaking and reduce bureaucratic overlap in Whitehall.
Diane Abbott faces Treasury probe over campaign finances
Labour MP Diane Abbott is under investigation by the Treasury for potential campaign finance violations during her 2023 re-election bid in Stoke Newington.
G20 divided over Ukraine as UK pushes for tougher Russia sanctions
Finance ministers from the G20 nations remain deeply divided over Russia's invasion of Ukraine, with the UK Treasury advocating for tougher economic measures against Moscow.
Fix environment laws to boost productivity: ex-Treasury chief
A former head of Australia's Treasury argues that fixing the nation's flawed environmental regulations is key to unlocking economic growth and productivity.
Reeves pledges Treasury reform to boost UK economy
Shadow Chancellor Rachel Reeves announces plans to reform Treasury investment rules to stimulate economic growth, focusing on long-term infrastructure and green energy projects.
Reeves announces Treasury reforms and FCA review
Chancellor Rachel Reeves announces sweeping financial reforms, including a review of the FCA, to stimulate economic growth and restore public trust in financial institutions.
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