Budget
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Bloomberg· 2025-07-16 06:40
France’s Lombard Says Will ‘Improve’ Budget in Opposition Talks https://t.co/LAaD92nJ2n ...
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Bloomberg· 2025-07-16 05:06
The EU will announce its plan for the bloc's next seven-year budget amid competing demands for funds as Europe tries to boost defense and its economy https://t.co/EOHs1fOCVI ...
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Bloomberg· 2025-07-08 18:48
South Africa’s National Treasury is worried that the US’s proposed 30% tariff could hit tax revenues and is modeling the impact it may have on the nation’s budget https://t.co/Tm8Ok8fPXr ...
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Bloomberg· 2025-07-06 12:20
Government Spending & Policy - Republican budget's significant spending item is poised to accelerate mass deportations [1] Social Impact - Mass deportations are being supercharged [1]
Starmer's Office Scrambles to Show Support for Reeves
Bloomberg Television· 2025-07-02 19:04
UK Economic & Political Uncertainty - Keir Starmer's initial reluctance to support Rachel Reeves raises questions about internal party dynamics and potential leadership challenges [1][2] - Speculation suggests a possible change in Chancellor of the Exchequer, potentially impacting market confidence and government stability [3] - The government's backtracking on proposed welfare changes reveals a £5 billion fiscal hole, hindering economic growth and tax cut promises [5] Market Reaction & Fiscal Policy - The UK market faces potential instability, reminiscent of the "Liz Truss" era, with concerns over unfunded tax cuts and bond market reactions [4][6] - Rachel Reeves' credibility with the bond market is crucial; her departure could trigger increased speculation and market volatility [7][8] - The ability to grow the UK economy and avoid tax increases is uncertain, given the government's recent policy setbacks [5][6] Budget & Economic Outlook - The upcoming budget, to be presented by either Rachel Reeves or a new Chancellor, faces significant challenges in achieving economic growth without raising taxes [6] - Failure to pass proposed changes raises concerns about the government's ability to manage the economy and fulfill its promises [5][6] - The UK is in a "waiting period," with close attention on key figures and their potential impact on economic policy [4][5]
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Bloomberg· 2025-06-30 22:33
New York City Mayor Eric Adams reached a deal with the City Council on a $115.9 billion budget, adding new funding for legal services for migrants and more money for early childhood education https://t.co/AzS8kvFaSW ...