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...Phillip Swagel, director of the Congressional Budget Office, said the mounting US fiscal burden was on an “unprecedented” trajectory, risking a crisis of the kind that sparked a run on the pound and the...
...The Office for Budget Responsibility has warned that freezing fuel duty in the long run would cost the Treasury £6.3bn by the end of the decade, not more than £8bn as wrongly state in an article on...
...of the aid budget across government....
...The next budget is the most important from an electoral point of view.”...
...The chancellor was due to receive the latest round of fiscal forecasts from the Office for Budget Responsibility on Tuesday as he prepares a Budget that Tory backbenchers hope will include tax cuts to reduce...
...asylum costs were “taking an increasing chunk of the UK aid budget”....
...The budget of the NHS in England is worth £3.5bn less this financial year than last as a result of inflation, according to research that comes as the health service steels itself for one of the toughest...
...The Foreign, Commonwealth and Development Office statistics released on Wednesday showed that the Home Office used £4.3bn, 27.9 per cent of the total £15.4bn overseas aid budget, to finance the asylum system...
...The Office for Budget Responsibility, which dynamically scores tax changes, agreed that the policy would boost labour supply by the equivalent of 98,000 jobs and would raise the level of economic activity...
...The public sector recorded a surplus of £16.7bn, according to the Office for National Statistics on Wednesday....
..., but our eye was caught by the Office for Budget Responsibility’s new projection for the net gains/losses over the lifetime of QT....
...From expert analysis and practical explainers to a spoonful of snark, here’s my pick of the best Budget stories to scan in less than the time it takes Rishi Sunak to re-stack a dishwasher....
...The Congressional Budget Office, the official fiscal watchdog, is yet to deliver its own assessment of Biden’s latest tax plans, which would require congressional approval....
...Hunt received the Office for Budget Responsibility’s second pre-Budget forecast on Wednesday, and officials briefed on its contents said things had “gone backwards” since the first forecast on January 30...
...Hunt’s Budget planned for public spending to grow 1 per cent a year in real terms, with spending per capita flat for the rest of the decade....
...The new entitlement, announced in the spring Budget, follows a sharp decline in the number of nurseries and childminders over the past decade....
...triumph for social democracy”....
...Torsten Bell, chief executive of the Resolution Foundation think-tank, said the government’s claim that the defence pledge was fully funded was “a joke”....
...Forecasts by the Office for Budget Responsibility show that if the next chancellor extends the freeze on petrol duty — as Jeremy Hunt did earlier this month with Labour’s support — it will halve the fiscal...
...But part of the price of this Budget’s tax cuts is that debt continues to rise until 2028/9....
...London’s large-cap FTSE 100 and mid-cap FTSE 250 were upbeat ahead of the UK Budget, tracking gains elsewhere in Europe.UK-listed stocks have largely missed out on the global rally that recently pushed Wall...
...The Congressional Budget Office said on Wednesday that interest payments on US government debt would account for about three-quarters of the rise in the deficit between now and 2034....
...The Office for Budget Responsibility has confirmed that growth prospects are weak....
...In March the Office for Budget Responsibility, the fiscal watchdog, projected the Treasury’s headroom against its debt-reduction rule would be £6.5bn....
...Fiscal policy will be loosened by 0.3 per cent of gross domestic product per year on average over the next half decade, according to the Office for Budget Responsibility, only half the size seen in last...
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