Tag #Government Spending

Showing 145 to 156 of 406 results

news.sky.com
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UK Budget Deficit Soars, Exceeding Predictions

The UK's February budget deficit reached £10.7 billion, exceeding predictions by £4.1 billion and marking the fourth highest since 1993; this comes as the government prepares for the spring statement and amid economic challenges.

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56% Bias Score

Reduced Inequality
dailymail.co.uk
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UK Faces £10.7 Billion Borrowing Shortfall, Ruling Out Tax Hikes

The UK government's February borrowing totalled £10.7 billion, exceeding forecasts by £4.2 billion, forcing Chancellor Rachel Reeves to reject tax increases or increased spending to improve living standards ahead of her Spring Statement.

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48% Bias Score

Reduced Inequality
theguardian.com
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UK Chancellor Faces Pressure to Breach Fiscal Rules

UK Chancellor Rachel Reeves will present her spring statement next week, facing pressure to breach her fiscal rules due to rising borrowing costs, weak economic growth, and stubborn inflation; experts warn against kneejerk reactions and suggest a more flexible approach.

Progress

56% Bias Score

Reduced Inequality
dailymail.co.uk
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One Nation's $90 Billion Austerity Plan

One Nation, led by Pauline Hanson, launched its Queensland Senate campaign, proposing $90 billion in government spending cuts, withdrawal from international organizations, and tax relief measures to address the cost of living crisis in Australia.

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48% Bias Score

No Poverty
mk.ru
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Saint Petersburg's 2024 Reserve Fund: 13.5 Billion Rubles Spent, Transparency Concerns Raised

Saint Petersburg spent 13.5 billion rubles from its reserve fund in 2024, a quarter of the initial budget, with an additional 13.2 billion rubles spent under the classification "For Official Use Only", mainly allocated to construction and social policy committees, raising transparency concerns.

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28% Bias Score

Reduced Inequality
elmundo.es
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218 Seville Families Receive Public Housing Amidst Political Shift in Andalusia

On Monday, 218 families in Seville received public housing keys from top Spanish officials, highlighting the political significance of affordable housing amidst rising prices and a shift in government strategy towards Andalusia.

Progress

40% Bias Score

Sustainable Cities and Communities
dailymail.co.uk
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UK Civil Service to Slash £2.2 Billion in Budget Cuts

The UK government plans to slash £2.2 billion annually from civil service budgets by 2029-30, aiming to reduce administrative costs by 15 percent and address a £10 billion budget deficit; this decision follows previous budget cuts and is expected to result in job losses.

Progress

60% Bias Score

Reduced Inequality
bbc.com
🌐 75% Global Worthiness
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UK Borrowing Surge Exceeds Forecasts, Pressuring Chancellor

The UK government's February borrowing totalled £10.7bn, exceeding forecasts by £4.2bn, placing increased pressure on Chancellor Rachel Reeves to implement spending cuts ahead of next week's Spring Statement.

Progress

40% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
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UK's COVID-19 Debt Crisis: Long-Term Economic and Social Impacts

The UK's COVID-19 response, including the £70 billion furlough scheme and increased social support, caused public sector debt to soar to nearly 110% of GDP by 2023, necessitating significant tax increases and impacting public services.

Progress

44% Bias Score

No Poverty
faz.net
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Germany's €285 Billion Subsidy Spree Sparks Policy Debate

Germany spent €285 billion on subsidies in 2023, including €127.3 billion from the federal budget and €74.8 billion in tax breaks, prompting debate on the scale and purpose of future funding, especially for electric vehicles and climate initiatives.

Progress

44% Bias Score

Climate Action
bbc.com
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UK Government Cancels Thousands of Credit Cards to Curb Wasteful Spending

The UK government is canceling thousands of taxpayer-funded credit cards after spending quadrupled to £675 million last year, including examples like £2,500 spent at a shoe shop and £1,200 on coffee pods; a new application process will cut the number of cards by half.

Progress

60% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
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UK Government Suspends 20,000 Credit Cards to Curb Wasteful Spending

The UK government will suspend almost 20,000 government procurement cards this week to cut wasteful spending, following the abolition of several organizations and 10,000 job losses, with examples of excessive spending including a £4,445 dinner by Boris Johnson and other high-profile instances of mis...

Progress

56% Bias Score

Reduced Inequality

Showing 145 to 156 of 406 results