budget

The US is set to see another ratings agency strip it of its AAA-credit rating by the end of the year, Bank of America Merrill Lynch has predicted.

BUDGET 2011 BLOG

The top rate of VAT has risen from 17.5% to 20% as the government looks to boost tax revenues to cut the UK's debt levels.

Former Federal Reserve Chairman Alan Greenspan believes the US must look to rein in its massive budget deficit or face the risk of a bond market crisis.

The governor of California, Arnold Schwarzenegger, has declared a fiscal state of emergency as lawmakers stall on delivery of a state budget, now more than a month overdue.

Goldman Sachs chief economist Jim O'Neill believes the Office for Budget Responsibility is being too cautious with its prediction of 2.6% growth in the UK next year, claiming the economy could in fact expand by more than 3%.

Prime Minister David Cameron is set to deliver his starkest warning yet about the action needed to tackle Britain's budget deficit and public debt.

Henderson SRI manager says expectations of Copenhagen summit were unrealistic

The Government has changed its position on the private-placement market considerably according to parties involved in talks with financial services secretary Lord Myners.

The budget is always an exciting day for those of us in the financial services industry.