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When is the Budget and what might be in it?
Posted onJennifer Clarke & Tom EspinerBBC News Reuters The Chancellor Rachel Reeves will set out plans for the economy when she delivers the Budget on 26 November. There have been warnings that she will have to put up taxes or cut spending if she wants to stick to her own rules on government borrowing. Before the…
Households face dismal rise in spending power, says IFS
Posted onPritti Mistry,Business reporterand Archie Mitchell Getty Images Households are facing a “truly dismal” increase in living standards after the Budget, the head of an influential think tank has warned as it accused Labour of breaching its manifesto promise. Average disposable income – a measure of people’s earnings after tax – will rise by just 0.5%…
Workers across France strike over budget cut plans
Posted onHundreds of thousands of workers have taken take part in strike action across France on Thursday, after trade unions called for a day of protests against budget cuts. Organisers said one million people turned out, while the interior ministry put that number at 500,000, with 80,000 police officers deployed. Scuffles were reported in the cities…
