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The Latest Breaking News from Finance

New coalition calls for ‘overhaul’ of Scotland’s devolved taxes

The group Tax Justice Scotland said that simply ‘tweaking’ the current system risks ‘failing’ communities.

The Independent UK

Robison advised to ‘bank’ some of Budget spending boost ahead of tough choices

The Finance Secretary would be wise to carry over some of the additional £1.5 billion from the UK Budget this year, the IFS think tank has said.

Evening Standard

Scottish Government will get no more than £330m for national insurance increase

Scottish Finance Secretary Shona Robison accused the UK Government of ‘austerity through the back door’.

Evening Standard

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Overnight visitors to Wales could pay ‘tourism tax’ under Welsh Government plans

The Welsh Government estimated that the levy could generate up to £33 million a year if all Welsh local authorities introduce it.

Evening Standard

Sanders set to take seat on Senate Finance panel — maybe - Roll Call

Sen. Bernie Sanders announced he'd be joining the powerful Senate Finance Committee next year, but no final decisions have been made.

Roll Call

Dutch coalition gov’t survives after minister quits over Amsterdam violence

Junior Finance Minister Nora Achahbar unexpectedly resigned to protest alleged racist comments by some cabinet members.

Al Jazeera

Ex-banker And Scholz Ally: Germany's New Finance Minister

Joerg Kukies, Germany's new finance minister, is a former investment banker who has long been one of Chancellor Olaf Scholz's closest advisers, most recently as a state secretary.

International Business Times

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German Government Coalition Collapses After Finance Minister's Firing

German Chancellor Scholz faces coalition crisis after firing Finance Minister Lindner, leading to resignations and potential early election.

Top News

German coalition on brink after Chancellor Scholz fires finance minister

German government in disarray as Europe prepares for a Trump presidency in the new year

Evening Standard

Low ambition and incoherent targets from banks put net zero at risk – analysis

ShareAction analysed targets for emissions from financing high-impact activities and for increasing sustainable finance at Europe’s 20 biggest banks.

Evening Standard

Treasury must fully fund public sector tax increase, insists Robison

Chancellor Rachel Reeves’s Budget included a hike in employers’ national insurance contributions.

Evening Standard

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The National (Scotland)

Scottish Government gives cautious welcome to Labour Budget

THE Scottish Government has given a cautious welcome to spending pledges in the Budget.

The Independent UK

Green light for Causeway Coast and Mid South West deals welcomed

Funding for the deals had been paused earlier this year.

The National (Scotland)

SNP 'must show they can be trusted' for Greens to back Budget, Patrick Harvie says

THE SNP must show they can be trusted if they want the Greens to support their Scottish Budget, Patrick Harvie has said ...

Evening Standard

Lloyds finance chief says UK bank sector needs ‘competitive, stable’ tax regime

Finance chief William Chalmers said the bank would welcome a Budget that aligns with the Government’s ‘pro-growth agenda’.

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Evening Standard

Coalition leaders agree to hold election in 2024

The Finance Bill will go to committee on November 5, a Government spokesperson said.

Evening Standard

No more money available for local government pay, says Robison

Schools in the constituency of Scotland’s First Minister, John Swinney, are closed due to strike action.

The Independent UK

More than £570m stolen by fraudsters in first half of 2024

Losses where people were tricked into transferring money decreased in the first half of this year, UK Finance said.

Al Jazeera

After 12 months of war, Israel is a changed state, analysts say

Year of conflict has strengthened the far right and emboldened an increasingly messianic leader, according to analysts.

The Conversation

Social investment is back – and so are the risks of using data to target disadvantage

With the recent establishment of a new Social Investment Agency – described as a “driving project” for the government by Finance Minister Nicola Willis – it seems New Zealand has come full circle on this approach to social welfare.

The Conversation

Tito Mboweni: South African Minister and Reserve Bank governor who drove significant economic reforms

Tito Mboweni, former South African Reserve Bank Governor, Minister of Finance, and Minister of Labour was arguably one of the country’s most consequential economic policymakers and drove several significant economic reforms.

The National (Scotland)

SNP 'need to check dictionary definition of austerity,' Scottish Labour MP claims

THERE is “no austerity underway” under the Labour Government, a UK minister has claimed ...

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