Articles for Higher Borrowing

No tax hike on payslips, vows minister amid confusion over definition of ‘working people’
1 month, 3 weeks ago

No tax hike on payslips, vows minister amid confusion over definition of ‘working people’

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. open image in gallery Education Secretary Bridget Phillipson refused repeatedly to say whether a …

Education Tax Labour Budget Higher Working Working People
Ex-Bank of England chief Mervyn King urges Rachel Reeves to raise national insurance in Budget
2 months, 1 week ago

Ex-Bank of England chief Mervyn King urges Rachel Reeves to raise national insurance in Budget

The Independent  

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Insurance Tax Labour Budget National Bank Reeves
I was Rachel Reeves’s boss at the Bank of England – here’s what she should do now
2 months, 1 week ago

I was Rachel Reeves’s boss at the Bank of England – here’s what she should do now

The Independent  

Dear Rachel, I know from your time at the Bank of England that you will not be daunted by the formidable challenges facing you as chancellor. There is only one sensible definition of fiscal sustainability – the structure of tax rates will generate sufficient revenue to allow the ratio of debt to national income to fall slowly but steadily in …

Investment National Economic Debt Public Higher This Parliament
US employers pulled back on hiring in October, adding 150,000 jobs in face of higher borrowing rates
1 year, 1 month ago

US employers pulled back on hiring in October, adding 150,000 jobs in face of higher borrowing rates

Associated Press  

WASHINGTON — The nation’s employers slowed their hiring in October, adding a modest but still decent 150,000 jobs, a sign that the labor market may be cooling but remains resilient despite high interest rates that have made borrowing much costlier for companies and consumers. Last month’s job growth, though down sharply from a robust 297,000 gain in September, was solid …

Labor Job Growth Market Inflation Jobs Companies
US unemployment claims inched higher, but remain very low
2 years, 1 month ago

US unemployment claims inched higher, but remain very low

Associated Press  

WASHINGTON — Slightly more Americans applied for unemployment benefits last week as the labor market remains one of the healthiest parts of an uneven U.S. economy. Applications for jobless claims, considered a proxy for layoffs, have remained historically low even as the Federal Reserve has cranked up its benchmark borrowing rate in an effort to cool the economy and tame …

Unemployment Rate Fed
Finance firms help FTSE climb despite higher borrowing
2 years, 9 months ago

Finance firms help FTSE climb despite higher borrowing

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Banks and financial stocks helped …

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