8 predictions to watch out for in Rachel Reeves’ autumn 2024 budget, from winter fuel to inheritance tax
Rachel Reeves is set to unveil Labour’s first Budget in a generation on Wednesday – and the first ever written by a female chancellor. She has warned that it will involve "difficult decisions" – as she blamed the last Tory government for leaving a £22bn black hole in the public finances. Paul Johnson, the director of the high-respected Institute for Fiscal Studies (IFS) think tank has already said it could be the “biggest tax-raising budget” ever and yet it still could leave “a lot of public services still feeling squeezed”. Here we take a look at some...
China's finance ministry to detail fiscal policy on Saturday
BEIJING (Reuters) - China's finance ministry will detail plans on fiscal stimulus to boost the economy at a highly-expected news conference on Saturday, the government's main information office said on Wednesday, signalling more forceful policies to revive growth.