Shortfall

Chancellor Rachel Reeves is set to unveil a £19bn deficit in the public finances, paving the way for an expected tax rise in the autumn. The announcement comes as it assesses fiscal challenges inherited from the previous…

The Treasury has cut the 2024/25 budget by Sh267.5 billion to reflect the reality of weak revenues amid ballooning public debt. Total spending and net lending for the financial year starting July 1 is now estimated at Sh3.92 trillion,…

State revenues from taxes in 2024 are expected to be NIS 33 billion below the forecasts before the start of the war, according to the latest budget proposal presentation for the coming year. According to the…

© Reuters. FILE PHOTO: A man stands outside a coffee shop after a blizzard left several inches of snow, in downtown Des Moines, Iowa, U.S., January 13, 2024. REUTERS/Marco Bello/File Photo By Scott DiSavino (Reuters) - U.S. output…

© Reuters. BEIJING - ReTo Eco-Solutions, Inc. (NASDAQ:RETO), a Chinese provider of ecological and IoT technology services, has been notified by the Nasdaq Stock Market of non-compliance with its Listing Rule 5550(b)(1), due to…

Economy Payroll taxes register biggest shortfall since Covid-19 Friday November 17 2023 Times Tower in Nairobi, the headquarters of Kenya Revenue Authority. FILE PHOTO | DENNIS ONSONGO | NMG Payroll taxes in the first quarter of…

Robinhood, the fintech firm known for its trading app, has announced plans to launch its cryptocurrency trading services in the European Union and initiate brokerage operations in the UK following a mixed third-quarter financial…

Receive free Confederation of British Industry updatesWe’ll send you a myFT Daily Digest email rounding up the latest Confederation of British Industrynews every morning.The CBI has secured its short-term future with fresh funding to help…

Hundreds of West Virginia University students wearing red T-shirts and bandanas to symbolize their connection to striking coal miners a century ago staged protests Monday against an administration proposal to cut 9% of majors amid a $45…

Prime Trust is the latest cryptocurrency custody platform to be in trouble, receiving a cease and desist order from the Nevada Department of Business and Industry over a “lack of client funds” and its inability to handle client withdrawal…