News tagged with “public finances”. Found:
31 tagged news reports.
Your Search Returned 31 tagged news reports
Public borrowing soars to new record
London :: United Kingdom | 19 days ago
Credibility
The Treasury expects borrowing to reach a record £175 billion for the year as a whole as the public finances buckle under the impact of recession. While September's borrowing is slightly lower than the £15.3 billion expected by the City, it is almost...
Tags: ons recorded, Elizabeth Judge Britain, billion pounds, government borrowing, Office for National Statistics, recorded began, Gordon, official data, public finances, data showed
Five EU states put in 'high-risk' band on public finances
Brussels :: Belgium | 25 days ago
Credibility Wednesday (14 October), the Commission's communication and accompanying "Sustainability Report 2009" takes into account the impact of the crisis, and is a follow-on from a similar report in 2006. "The long-term sustainability of public finances is a concern...
Next government must balance budget by 2015, says CBI
London :: United Kingdom | about 1 month ago
Credibility I • Emphasis on spending cuts rather than tax increases • Youth unemployment and reformed banking are also priorties The ministerial red box on budget day … the next government must set out a clear public finance plan in its first 100 days, says the...
Tags: CBI, public finances, party wins
Labour fightback dashed as Tories extend poll lead
London :: United Kingdom | 2 months ago
Credibility Labour 's hopes of a summer fightback powered by economic recovery and the NHS row are dashed by a new Guardian/ICM poll showing that the Conservatives have gained ground on key policy areas and are now the overwhelming public choice to form the next...
Tags: Labour, NHS, Gordon Brown, public finances, Mr Brown
Public sector borrowing soaring
London :: United Kingdom | 2 months ago
Credibility The figure was much worse than the £500m deficit expected by analysts, and comes as the recession continues to reduce the government's tax returns. July is typically a month of surplus, due to corporate tax payments. In April's budget, the Chancellor,...
Tags: public finances, net borrowing, tax revenues, public sector, sector net, Britain, THE Treasury, The Treasury, recorded began, official data
Key Lib Dem pledges could be axed
London :: United Kingdom | 3 months ago
Credibility Nick Clegg is ready to ditch key Lib Dem policies such as free university tuition in an attempt to be more honest with voters about spending cuts. The Lib Dem leader warned party members its next manifesto could not be a "shopping list" of unfunded pledges.
Tags: Nick Clegg, Britain, key lib, Liberal Democrats, axe flagship, dems policy, public finances, flagship policy
Unions threaten action over public sector pay
London :: United Kingdom | 4 months ago
Credibility Union leaders are warning of possible industrial action after Alistair Darling failed to rule out a pay freeze for public sector workers. The Chancellor said wage levels for Government staff, which will be announced within weeks, would have to reflect...
Tags: public sector, sector pay, pay freeze, sector workers, Exchequer Alistair Darling, public finances
Freeze public-sector pay, says spending watchdog
London :: United Kingdom | 4 months ago
Credibility The head of Britain's spending watchdog lays bare the damage the recession has done to state finances with a bleak warning that a pay freeze should be imposed on Britain's six million public-sector workers. In the face of the bitter political row over...
Tags: public sectors, pay freeze, sectors workers, sectors pay, Alistair Darling, spend watchdog, Audit Commission, public spend, public finances, pay squeeze
Whitney hit by Fitch Ratings downgrade
New Delhi :: India | 4 months ago
Credibility Fitch Ratings has cut its rating on regional banker Whitney Holding Corp. citing its nonperforming assets, much of them related to Florida real estate. The ratings house said Tuesday that Whitney's long-term issuer default rating had been dropped to BBB...
Tags: Fitch Ratings Inc., India, Whitney Holding Corp., negative outlook, TRW Automotive Inc., TRW Automotive Holdings Corp., ratings agency, BBB, public finances, First Horizon National Corp.
EU bank bail-outs could dwarf stimulus spending
Brussels :: Belgium | 4 months ago
Credibility An annual report on public finances published by the European Commission on Tuesday (23 June) indicates the cost of government stimulus packages could pale into insignificance when compared to the bill for EU bank bail-outs. The lengthy report says the...
Tags: exit strategy, public finances, banks bail, European Commission
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