Spending Cuts
IFS Accuses UK Budget of ‘Fiscal Fiction’ Amidst Backloaded Tax Rises and Spending Restraint
The Institute for Fiscal Studies has issued a stark warning over Chancellor Rachel Reeves’ latest Budget, describing its tax rises and spending plans as ‘fiscal fiction’ reliant on ambitious restraint and delayed pain until just before the next general election.
Canada’s 2025 Federal Budget: From Uncertainty to Opportunity Amid Economic Shifts
Canada’s first budget under Prime Minister Mark Carney promises a generational shift, focusing on investment, trade diversification, and tackling pressing social issues. The plan faces political scrutiny as it seeks to redefine Canada’s economic future.
Mark Carney’s First Federal Budget: Deep Cuts, Tax Reform, and Political Uncertainty
Prime Minister Mark Carney’s debut budget brings sweeping spending cuts, tax system changes, and ambitious investments—all under the shadow of a U.S. trade war and tense parliamentary negotiations.