Russia recorded in 2024 a budget deficit exceeding three trillion rubles for the third consecutive year, soaring to 3.49 trillion rubles ($34.39 billion), according to the country's finance ministry.

The Bridgewater Associates founder wants the U.K. to cut spending or raise taxes to address historically high borrowing costs ...

Unemployment rose to 4.4 per cent in the three months to November, up from 4.3 per cent previously and the highest since last ...

Finance bosses at Rotherham Metropolitan Borough Council (RMBC) say they expect to use the authority’s reserves to balance its budget this year, as it faces a £4.6m shortfall.

Rising global yields over recent weeks have inevitably shone the spotlight back on the UK government’s decision to ...

The Income Tax Department has reportedly received more than 6,500 suggestions for simplifying the Income Tax Act.

PARIS: The European Union (EU) tells France its plan for slower deficit reduction next year is still within the bloc’s rules, ...

Clare Lodge, 51, said: "I know it's hard for the council, but I think this is outrageous. It would lead to more fly tipping ...

Durham County Council has warned of continued uncertainty and threats to key services in the future due to financial challenges.

President-elect says he has ordered inauguration and speeches to take place in the Capitol Rotunda ‘as was used by Ronald Reagan in 1985’ ...

Given this context, the upcoming budget for FY26 assumes accentuated importance. While expectations will be high for the ...

The council’s senior financial officer, Aidan Dunn, told councillors that budgets for people who needed help and support were difficult to predict in advance and could rapidly become over-spent by a ...