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News tagged with “public finances”. Found:
36 tagged news reports.

 

Your Search Returned 36 tagged news reports

 

Key Lib Dem pledges could be axed

London :: United Kingdom | 4 months ago

Credibility Credibility of 5

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 Credibility of 5

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 Credibility of 5

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 | 5 months ago

Credibility Credibility of 5

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 | 5 months ago

Credibility Credibility of 5

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

IFC finances fertilizer plant in China

Xinhua :: China | 6 months ago

Credibility Credibility of 5

IFC has signed a 20-million-dollar loan and a 10-million-dollar equity investment with a Chinese company in Sichuan Province, to help the southwest China region recover from a devastating earthquake last year.     The agreement, which is to finance the...

Tags: holder directly, IFC, copyright holder, authorized use, public finances, AllAfrica, allafrica aggregates, finances management, indexes content

Fitch downgrades AIB, Bank of Ireland ratings

Dublin :: Ireland | 7 months ago

Credibility Credibility of 5

The move follows yesterday cut in Ireland’s AAA rating by Fitch by one level to AA+, the second highest available. The agency has cut its “long-term issuer default” rating on both banks one notch to A- in its investment-grade ratings. It said the transfer...

Tags: Fitch Ratings cut Ireland, Bank of Ireland, AAA, aaa rate, credit rate, fitch rate, public finances, Allied Irish Bank, fitch lowers, Estonia

UK public finance fears hit gilt auction

London :: United Kingdom | 8 months ago

Credibility Credibility of 5

The German government also narrowly averted a failure of an auction of five-year bonds on Wednesday as low yields deterred buyers. These buyers have more choice than ever in the government bond markets with issuance this year in Europe poised to exceed...

Tags: public finances

Recession 'could trigger unrest'

Panórama :: Greece | 8 months ago

Credibility Credibility of 5

Former Labour minister Frank Field has told the BBC the financial crisis is so severe that if not properly handled it could trigger civil unrest, even riots. "I can't underestimate how terrible the financial crisis is even if it doesn't get a penny worse,"...

Tags: Birkenhead MP Frank Field, financial crisis, public finances

CBI raises alarm over 'battered' public finances

London :: United Kingdom | 8 months ago

Credibility Credibility of 5

Britain cannot afford any more significant fiscal stimulus programmes because of the “alarming” state of the public finances, the CBI has warned. In its Budget submission, the business group calls for measures to help to boost business but adds that further...

Tags: CBI, public finances, fiscal stimulus

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