government spending

The Budget in Brief: Cuts, Reliefs, and Reforms

In a decisive move to spur economic growth, UK Chancellor Jeremy Hunt has presented a budget focused on long-term prosperity…

2 months ago

China’s Big Bet: $137 Billion Infrastructure Boost to Rev Up Economy!

China is making a bold move to bolster its economy by allocating an additional 1 trillion yuan ($137 billion) towards…

7 months ago

French government to earn over 10 million euros in tax windfall after the discovery of secret swimming pools

Thousands of French households are facing an unexpected tax bill after the use of an artificial intelligence tool found over…

2 years ago

US Congress passes $900 billion Covid-19 relief bill – so where’s all that cash going?

After months of intense negotiations, the American government looks finally set to inject billions of dollars into the US economy.…

3 years ago

Rishi to the rescue: UK chancellor announces the new job support scheme

The UK chancellor, Rishi Sunak, has just announced the government’s latest scheme to save people’s jobs from the ongoing Coronavirus…

4 years ago

US budget deficit hit a record high in June of $864 billion

Governments need to keep track of their spending just like we all do. If they spend more than they earn,…

4 years ago

£900,000 of taxpayer’s money to be spent on painting the PM’s plane

Government spending is a complicated business. In a mixed economy, the role of the government is undoubtedly vital in providing…

4 years ago

American airline employees are facing the tough decision of cutting their losses or gambling for hope of a brighter future

The aviation industry has been one of the hardest hit by Covid-19. With countries closing borders and people ordered to…

4 years ago

An economy down under: Australia facing the prospect of a deep recession

Josh Frydenberg, the Australian Treasurer, announced on Wednesday that the economy is likely to have shrunk by as much as…

4 years ago

French government to provide 8 billion euros to help revive their car industry

The president of France, Emmanuel Macron, announced this week a fiscal stimulus of €8 billion to help the French car…

4 years ago